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I

xmmt

AND

HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES

VOL.

NEW

32.

YORK, APRIL
Financial.

Financial.
J.

&

Phelps, Stokes
I.

F. P.

BANKERS,

OLCOTT,

4S

&

47 -Wall

Street,

New Tork,

ISSUE

TRAVELERS' CREDITS,

&

Prince
No

64

Whitely,

BBOAB^VAY, NE\r ¥ORK,

(Branch Office, ISO Fifth Avenue).
All classes nf Railway and Mining Stocks bougbt
and sold on Commission.
Private Telegraph Wires to Phila'lelphta, Wilmington. Baltimore, WashinRton, Boiiton, Bridgeport
and New Uavcn.

CntCULAR NOTES,

COmLMERClAL, CREDITS.

Jesup, Paton

LONDON CORRESPONDENTS:
Tbe Union Bank of London. Messrs.

&

J Hambro

C.

Son.

£3

Banque
Centrale

Anversoise,

Antwerp.
Pai(I-Up Capital,

•

•

BOARD OF DIREOTOSS:
Kelix Gbisar, President.
Alfuei) Maqui.vay (tiruffdc Maquinay),VIce-Prea
Vos iiKK Beckk Von der Uecke & Marslly).
OTTO Gu.NTHER (Comeille-David).
Umile de Uottal.
Au. Frank (Frank. Model k Cfe.^
Aug. Nottebohm (Nottebohm B'reres).

J. B.

(

Kr. Dha.vls (Mlchieis Loos).
Jou. Uan. Fuhr.uann. Jr. (Jota. Dan. Fuhrmann.)

Louis WEBERiEd. Weber ii cie.)
JULits UAUTK.NsiHAUcn (C. Scbmid &

P.

POTTBH. Prest.

J. J.

Tork.

Sotmd railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.

R. A. Lancaster & Co.,
BANKERS AND BROKERS,
66 BROADWAY, NEW YORK,
DEALERS IK
Flrst-Class luvoKtinent Securities.
GOVERNMENT BONDS, STATE. CITY. COUNTY
RAILROAD t MISCELLANEOUS SKCDKITIKB
Bouglitand Sold on Commlssloii.
Virginia Tax-Receivaf/U Coupons Bought.

Interest Allowed on Deposits.

GENERAL BANKING BUSINESS.
Eddy,

W.

A.

&

Beasley

Cashier.

Maverick National Bank,

Co.,

BROADW^AY,

No. 98

BOSTON,
OAPITAI,,
SURPIiVS,
COLLECTIONS a specialty.
9/aA

Bankers

DEALERS

Business from Banks

solicited.

Satisfactory business
respondence invited.

paper discounted

Licwis H. TAYLOR, Jr.

L.

NEW YORK,

$400,000
400,000

H. Taylor

&

PHIIiADELPHIA.

Aug. T. Post, Banker,

BANKERS,
130 Broadway (Equitable Bnildlnc),
N fi W^

YORK.

LETTERS OF CREDIT

BUYS AND SELLS
State, City and County Securities.
COHnESPONDENCH SOLICITED.

Lummis

&

Day,

DREXEL BUILDING,
and BROAD STREETS,

Nob. 84 and 35

Cor.

WALL

BANKERS AND STOCK BROKERS.
William Lummis,
JUembers of

New

Uexry Dav,
li

S.

Kountze Brothers,

NASSAU STREET,

i:

Car Trust Bonds.
SPECIALTY OF THESE TERY
SAFE SECURITIES, AND BUY AND SELL SAMS

AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DBSIRABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OB"
THE RAILWAY EQUIPMENT COMPANY.

CLIRK, POStFa;

ork Stock Kxctaaoge.

ITIARTliW,

34 PINE STREET.

Levy,

L.

(LATE OF LEVY & BORG,)
DBALER IN
All Classes of Investment

Securities

AND
MISCELLANEOUS BONDS AND STOCKS,
No. JS Wall Street.

Lansdale

Boardman,

STOCK BROKER,

BROADWAY, Rooms

No. 80

37

&

3S.

BKAKca

Office, Troy, N. Y.,
Connected by Private Wire.
ALL securities dealt In at the New York Stock
Exchange bouRht and sold on commission and carried on a fair margin.
INTEREST allowed on credit balances.

N. y. C.

&

Investors.

H. R. RR.

1st 73,

due 1903.

Cincinnati City gold 6s, dae 1906.

SECDttlTIE

SOUTH THIKD STREET,

Deposits received subject to check at sight, and
interest allowed on daily balance.s.
Stocks, Bonds, &c.. bought and sold on commission
in Philadelphia and other cities.
Particular attention Klven to Information regardny In,Te6tment Secnrlties.

New York

WE MAKE A

To

Co.,

STREET,

B ALTIMOB E.

3 13.

Orders for Stocks executed in Boston,
Philadelphia and Richmond.

IN

COUNTY, CITY AND INYESTMENT

Bankers and Brokers,
140

GERMAN

No. 8

Box

Cor-

LiSDLEr HAir.KS

Son,

BANKERS,

SethH.&H.B.Whiteley
P. O.

BOUIHERN SECURITIES A SPEGXALII.
loans negotiated.

Cle.)

&

Cisco

J.

No. S9 WAIil, STREET, NEW TORK.
DEPOSITS RECEIVED SUBJECT TO CHECK
AT SIGHT, AND INTEREST ALLOWED ON
DAILY BALANCES.
GOVERNMENT BONDS. STOCKS AND ALL
INVESTMENT SECURITIES BOUGHT AND
SOLD ON COMMISSION.

Co.,

Acconnta and Agency of Banks, Corporations,
Arms and individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as agents for corporations In paying coapona
and dividends'; also as transfer agents.
Bonds, stocks and securities bought and sold on

TRANSACTS A
ASA

BANKERS,
WlUiam Street, New

John

BANKERS AND BROKERS,

&

oommlssion.

9,000,000 Francs.

827.

Financial.

D. Prikcb, Jab. Whitklt, H. Chuoeb Oakley
HABRY C. l.OQAN, MAYNAllD C. BYBB.
W. K. TttAVKRS, Special Partner.

Co.,

N. pn?:i.ps,

JAMES STOKKS,
ANSON PHELPS STOKES,

NO.

30, ]881.

AKD

C

I

R

C

IT

LAR NOTES

Issued for the use of travelers la
all parts of the world.
Bills draivn on the Union Bonk of London
Telegrapble transfers made to London and to
various places in the United States.
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and Investment se*
carttlei botuiil

and lold on oommUislOR.

Cincinnati City V'SOs,

N. T. City gold
Scioto

68,

due

due

1903.

1901.

Valley RR. Con. Gold

dae 1910.

7s,

D. A. EASTOSr,
With BOODY, McLiELIiAN ds CO., Bankers,
No. 58

BROADWAY, NEW YORK.
John

qeorqe Stabk.

George Stark

&

BANKERS,
BROADWAY, NEW

No. 42
Buy and seU Investment

f.

Stabk.

Co.,
YORK.

Securities fot cash or oa
specialty made of Western Fana
oommlssion.
Mortgages bearing f i om 7 to 10 per cent Interest.
Will undertake the ueKOtlatlon of loans npoa

A

Western City property

la large or small

omoiuUs

:

:

THE CHRONICLE.

&

Morgan
Co.,

Me. 34 SODTB Thibo

Bt.

No*. 19

Drcxel, Harjes & Co
SI Boulevard HaunmanD

^°'*;
DepOBlu received lubject to Uraf t. Secnrt"*";,
Intereit alloweo
*c.. bought and sold on Commlseion.
Orodltj.
Commercial
Kxchangc.
Foreign
beposite.
on
Circular Letters tor Irayelers,
Cable Transfers.
available la all parts of the world.

Attoh-nkyb akd Aoints of
S.

MORGAN &

No.

K

OLD BROAD

Brown

ST..

CO.,
LONDON.

&

Brothers

Co.,

No. 69 TVALIi ST., N. V.,
BUY AND SELL

OF EXCHANGE
FRANCK,

BIIiLiS

IBBLAND,
ON GREAT BRITAIN AND AND
HOLLAND.
OBRMaSy, BELGIUM
Credits
Travelers'
Issue Commercial aud
IN S7ESLIN0,
ATAILABLB IN ANY PART OF THE WORLD.
And

In Franca. In Martinique

all

In the United States
persons holding positions of pecuniary trust and responsibility, thus sein lieu ot a
curing aCOUPORATK
personal bond where security is required for the
faithful performance of the duties of employees In
all positions of trust.
^Full information can be obtained at the ofnce, IWJ

Co.,

No. 8 Wall Street, Ne^v York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

Broadway,
Wu. M. Richards, President.
LYitAN W. BuiOGS, Vice-Presl<1ent.
John M. Crane, Secretary.
Edwaki) Stahk, General Agent.
Directors—George T. Hope. A. B. Hull, G. Q.
Williams, W. G. Low, A. 8. Barnes, H. A. Hnrlbjlt.

Geo. S. Coe, J. S. T. Stranahan, Charles DennU, Wm.
M. Richards, U. n. Claflln, John D. Mairs, Lyman W.
Brlggs, 8. B. Chittenden.

MVNROE

& CO., PARIS.
tTEBLINO CHEQUES AND BILLS AT SIXITT
DAYS' SIGHT ON
ALEXANDERS Sc CO., LONDON.
CiBOt;i.AB

Albert E. Hachfield,
Deals In Investment Securities and
Bonds Generally.

&

Stuart

1¥ANXEI>

J.
NASSAU STREET.
BILLS OF ixCHANGE ON

and

countries, through

London

Paris.

abroad on
Make Collections of Drafts drawn Canada,
and
points In the United States and
of Drafts drawn In the United States
on Foreign Cou ntries.

G.

S.

&

G. C. Ward,
XeSNTB FOB

BARING BROTHERS

COMPANY,

4;

53 WALL STREET, NEW YORK.
28 STATE STREET, BOiiTON.

J.

&W. Seligman&Co.

"

69 EXCHANGE PLACE,
CORNER BROAD 8TRKBT, !)KW YORK.
Issue Letters of Credit for Travelerg,

Draw Bills of Bxc-kange and make telegraphic trans,
money on Bnrope and California.

lers of

&

Kidder, Peabody

Co.,

BOSTON, MASS.,
Wall and Nassau

EDLNBUKG, AND BItANCHES;
ALSO,

HilmerSjMcGowan & Co

AND

OOBRESPONDENTS :

d; CO., Berlin.

Knoblauch
Lichtenstein,

BANKERS,
S9 vrtUiam

St., cor.

Excbange Place.

NEW

YORK.
Stake Telegraphic Money Transfers.
I>raw Bills of Exchange and Issue Letters oi Credit
JB all principal clOes of Europe.

SPECIAL PARTNER,
BerllO.

DEUTSCHE BANK,

For Employees in Positions of Trust.

THE

Guarantee Comp'y

>

CANADA GUARANTEE

THE ONLY COMPANY IN AMERICA TRANSACTINOTHIS BUSINESS EXCLUSIVELY.
*8]IS'SSS
SVS'Ss!!
240,000

COBBESPONDKNTS

NEW YORK AND

Managing Director.

and

BONDS

At Auction.
REGULAR AUCTIOH

of all clbsses of

STOCKS AND BOND*
ox

WEDNESDAYS ANIl SATURDAYS.
ADRIAN H. SIUL.I.ER & SOK
No. 7 PINE STREET, NEW YORK.

WM.

CO.)

18"2.

21

C.

NOYES,

NASSAU STREKT,

NEW TORK»

DEALER IN

OAS STOCKS A^D BO\I>S»

100,000

TEIiEGRAPH STOCKS,
NEW YORK DIRECTORS:
Merchants' Nat. Bank.
VERMH.YE, Prest. Mechanics'
TRUST COMPANYS* STOCKS,
Nat. Bank.
n. B. SHERMAN. Prest.
ROBEIIT B. flllNTURN, Messrs. Grinnell, MlnCUy and other Railroad Stocks A Bond»
A. l!!" HOPKINS, Vice-President Wabash St.
Louis & Pacitic Railroad Company.
JOHN PA TON, Messrs. Jesup, Paton & Co.
MTSCEIiliANEOUS SECURTTIKS*
W. H. DYCKMAN. Secy.. 6» Wall St.
BONDS OF CHOTEAU COUNTY
SALE OF MONTANA
TERKITOKY.
S.

Bonds

Theo. V. SAND

Edwakb

John Sickels.
E. Sand.
Member N. Y. Stock Bich.

AAX

a. Petit,

Sand Brothers

&

Co.,

Assembly
Pursuant to an act of the Legislative
•*
of the Terrlrory of Montana, entitled An Act to
provide for the funding of the outstanding indebt-^
ednesa of Choteau County, Montana Territory,'
approved February 23, 1S61, the Board of County
Commissioners of said County will offer for sale at.
Public Auction, at the County Clerk's Office, at

BANKERS AND BROKERS,
FORT BENTON. CHOTEAU COUNTY. MONTANA
TERRITORY, on the first day ot June. A. D.1881, at
1 o'clock P.M.. THIRTY THOUt^AND DOLLARS,
New York.
of Ctioteau County Coupon Bonds. Said bonds are
due at the pleasure of said county after FIVK years^.
ON
STOCKS AND BONDS BOUGHT AND SOLD
and redeemable in TEN years, and bear interest
54 Wall Street,

COMMISSION.

COMMERCIAL PAPER NBGOTIATBD.

London.

Grant commercial and travelers* credits, negotirte
loans, make advances on merchandise, and trans,
act a general financial commission business,

BLAKE BROTHERS &

STOCKS

OF NORTH AMERICA.

glXl]4S,pOT:[DEN3jEjVI^NS.

PARTNERS

BARRON BLAKE,)

L.ONDON, CANADA.

SAL.E3

BIjAKB BROTHERS & CO., Boston and New Tork

KMIL HEINBMANN,)

Correspondence soliclted-

States.

Tbe Financial Agnociatlon of Ontario^

at the rate of 8EVKN per cent per annum, the interest payable semi-annually, on the presentation
of the proper coupon, at the office of the Treasurer
of said Countv. or at some designated bank in NewYork City, at the option'of the holder; said bonds
shall be of the denomination of
Dollars, and will be
Dollars and
i^8ued upon the first day of July. A. D. 1881, but
will not be sold for less than par.
The said Board of County Commissioners will
also, at the same time and place, in pursuance of an
act of the Legislative Assembly of the Territory of
Montana, entitled, "An Act to enable the County of
Choteau to erect a jail." approved February 22,
1881, otTer for sale to the highest bidder, for
(flS.OOO) Dollars of
CHsh.
Choteau County Coupon Bonds, redeemable at the
pleasure of said county, after FIVE years, and due
and payable in FIFTEEN years, bearing interest,
and interest payable in the same manner, as the
bonds herein first described, and subject to the
same restrictions as therein prorided,
By order of the Board this 24th day of March,

ONE THOUSAND

LONDON, ENOl.AND.

F.

Special attention given to buslnese

from the United

The Undersigned hold

BONDS OF SURETYSHIP

& Co

Blake Brothers

carefully selected, yielding

SEVEN AND A-HALF PER CENT

EDWARD LERUEY.

Financial.

Subscribed capital
Paid-up capital in cash
Assets
Deposited at Albany In U.

securities,

from SIX to
per annum.

J. n.

BARING BROTHERS db CO., Londen.
rERIER FRERES <b CO., Paris.

&

In a position to furnish Investors with choice in-

IN

Foreign Excliange, Stoclis and Bonds,
63 Wall Street, New York.
Special attention paid to orders at the New York
Stock Exchange and New York Mining Board^^

IS

COMMEBCIAI. AND TrATELEBS' CREDITS.

THE FINANCIAL ASSOCIATION OP ONTARIO
is

vestment

^ABLE TRANSFERS AND LETTE RS OF CREDIT

Established

CABLE TEAHSFEES, BILLS OF EXCHANGE

Bonds.

^iAi^e

Dominion of Canada.

;

NATIONAL BANK OF SCOTLAND,

(Formerly the

FOREIGN BANKERS.

MENDEIiSSOHN

LIMITED

BELFAST, IRELAND
kXO OS THX

New York.

Sts.,

Dii.vton

;

;•

ULSTER BANKINO COMPANY,

of Europe, Asia, Africa, Australia

&

FOK

Consumers' Ice Company's Stock,
An Ei^tat Per Cent Investment-

COUNTY BANK,

MANCHESTER, PAYABLE IN LONDON

aid America.

Cor.

Sc

BROKERS

BANKERS,

Ffr/able in any par

BANKERS,

nANCHESTER

all

t

St.

Cincinnati Uamilton

PHIC IRANSFKRS
mAKE TELEGKA
SMITH, PAYNE & SMITH'S,
UF rauNKTr
LONDON

Between this and other

&

Louis Ists.
Columbus & Toledo lata.
Joliet i Northern Ists.
KunsHs & Nebraska Bonds.
St. Joseph & Western Bonds.
Indianapolis

Co.,

33

and Guadaloupe.

NASSAU SXRKET,

17

NoTKs Airo CK»nrr» fob Tbatbmb«.

&

fidelity of

GUARANTEE

and their correspondents.
.Vlso Commercial Credits and Transfers of Money
on California, Europe and Havana.

'j.

TOBK,

The only company organised

guarantee ng the

&

NEW

OF

parts of the

MESSRS. DE ROTHSCHII.D

John Munroe

FIDELITY GU.iRANTEE BONDS
ARE ISSUED BY THE

FIDELITY & CASUALiTY CO.

21 Nassan Street,

Sc

Issue Travelers' Credits, available In
world, through the

Pari*.
Pblladelpbla.
DOMESTIC AND FOREIGN BANKERS.

noMrs. J.

Co.,

BANKERS)

WALL STKEET,
&

&

Co., August Belmont

COBNBK OP BROAD, NEW TOBK.
Drexel

Financial.

Foreign Exchange.

Foreign Excliangc.

Drexel,

[Vol. XXXII.

TWELVE THOUSAND

Purchase and sell on Commission GOVERNMENT
and RAILROAD BONDS and S-TOCKS. and all

NEW YORK
Securities
OPEN MARKET. LOANS
COMMERCIAL PAPER negotiated. Interest

classes of Securities dealt In at the
STOCK B.XCIIANGK. or all reputable
bSught and sold in the

and

CO.,

paid on

DEPOSITS, subject to check.

BRANCH OFFICE
No. 661 Fifth Atc under Hotel Osborne.
t

BOSTON.

ONE HUNDRED

A D

1881.

Attest:

J. 8. HILL, Chairman.
JNO. W. TATTAN.

Ex Off,, Clerk of Board.

THE CHROMCLK

Apiin. 30, isei.l

til

Financial.

Financial.

rpHK AMEUICAN EXCUANOE NATION-

PENNSYLVANIA COIWPANY.
Issxxo of ^^CD.CDOCD.OCDCD
IN 4
PER CEIVT, FORTY-YEAR,
FIRST MORTGAGE GOLD BONDS,

All

BANK, NEW YouK,

Dlrectorftof this

•of

April 23. 1881.— The Board

bankbavo to-day dec'ared a divi-

dend of THItEB A\l>

OMK-HALFPER

the capital stock, payable on
prox., until

main

CK.NT on

which date the transfer books

DUMO.VT CLARKE.

closed.

l''2

SECOND OF MAY.
will re-

UNDER THE ABSOLUTE GUAR.\NTEE OF THE

Cashier.

PENNSYLVANIA RAILROAD COMPANY.

INCOnEANO IXOE.MNITY
COrPO.NSOF
BO.NDS or Iho UOUriTO.S 4 TEXAS CK.NTUAIj
BAILWAV

COMi'A.NY. due (and payable at IIoustOD) May I, ISSI. will be ca-thed from ilie SJUih of
April ti) the loth i.f May, Inoluslve, by .JOHN J.
CISCO i SON, No. 59 Wall Street, Now York, and
after latter date, nccordinji to tUeIr terras, at company's

office.

Coapon or Begistered, free from National and State Taxes.
Tbe Pennaylvauiu Compuuy U a corporation chartered In 1870 for the purpose of o|ierating,
managing and developing the railwayH west of Pittsburg controlled by the I'euunylvaiila KK. Co.
To piovhle means for the acquirement of additional property and the further duvelopmeut

Houston, Texas.
E.

W. CAVE,

Treasurer.

of tlie rcnnsylvauia Railroad Coiiipuny's system, the Fcunsylvania Company has di-cUled to
create a First Mortgage to secure liouds to the amount of i|>20,000,000, of wlilcli the present Isaue
forms part, bearing inteiest iit the rate of 419 per cent perimnuin, payable January 1 and July 1,
the principal matui'ing in lil'JI.aiid both piiucipal and iuturust payable
gold, in the city u(
New York, free from National and State ta.\es.
The bonds are issued in dcnoniiniUioiis of iftl.OOO each, and
HAS INDORSED

UTDIAXA BLOO,MINGTON A WBSTERK RAILWAY)
V
COSIPA.NY, 115 8itOAl>WAY,
Nkw York, April 2,1, 18K1, )
'I'O TIlESTOrKIIOI-DEKH AND INt'OAIE
I 110Nlilll)l.l)i;it> uf

till!

m

EVERY BOND
THEKEON Tin: Ali.SOLUTli OUAKANl'EE OF THE PENNSYLVANIA RAILROAD COMPANY FOR PRINCIPAL AND INTEREST.

INDIANA ULOOMINU-

TclN & WKSTKtt.V IIAILVVAV CO:
Nritico

the

Is liercliy (jivt-n thiit

company m now rualy

new consolidated

The

to issue its sti>ck. The holder or each stiure of tiie old oonipimy's stuclt will be
entitled to r- coivo, on the surrender of his certiflcite, two shares of IIUU each of the stock of the

new companrBy virtue of an

Ist.

arran^reinent effected with the

of [he late Ohio Indiana & PaCillc
Co., this company offers, up to and including Juno 00, 18>1, to the lioUiers o: the oUl Income

is

.sltjckiioltlors

Railway

K.

J.

i).

dollar for ilollar.

iSHERWOOD.

more than double the cuti.-e annual interest on the $10,000,000.Bonils al pn sent to be issued.
Jd. The company's valuable real estate in the cities of Pittsburg. Allegliany aud Chicago,
stoclis and bonds in its treitsiiry, to the par value of about iil2.1,uUU,0UO, being m<auly securi-

ties of lilies fonniag part of the Pennsylvania sysieni.
Tlio ccnip.tiiy f :;ri I;.or agrees (the performaDC-ci ut «« liich Mgrcrnsent is likewise jEuuranleeu hy
the Pennsylvania Railroad Company) to purchase in every year in which bomls of this issue are
utt'ercd at a price not above par, bunds equal to 1 per cent on tlie then ontrtauding issue i>f said
bonds, and uie annual interest uiion such bonds as shall have been before that time purchased,
with said fund— a provision which should at all times protect the price of the bonds against any
materiiii decline below tlie issue price
The I'cniisylvania Company has no other debts except $2,901,000 in debentures, secured by a
deposit of .f4,000,000 of the Pittsburg Fort Wayne & Chicago Riilroad sH)ck (i>art of the securities euuineia:ed above), and its bonded debt cani.ot, under the law, be incicased beyond the
amount of its full-pa.d capital stock, whiohat present is $20,000,000, exclusively owned Ijy the

wm

Income Bonds,

secured by mortgage as a first charge upon—
by the Ponnsylvaiila Company, of the Pittsburg Fort

and

Bonds, the option to convert thulr bonds *nto the
•tock of the new company at the same rate, that ia
ue given
to say, two shares of J 100 each of siock
for each flOOof Income Konds.
On and after ,Iuly 1. 1S81, for a limited time, the
Income Bouils wliicli shail not have been converted
into Slock will be convertible into new Consolidated
JViortuuge

total authorized issue is furtlier
lea es for i)'J9 years, held

The

Wayne & ijlilcago, the Clcvdaud & Pittsburg, and tlio Erie <t Pittsburg railways. THESE
LEASES ALONE have for the twelve years from their date to December 31, IsSO, yielded an
average yearly net prodt to the Peunsylvaiiia Coniiianv exceeding one luilliou (loUais, which sum

Secretary.

THE HOLDER!^ OF SECOND vBIORT-••OAGB B0.\D5 O-' THE INDIANAPOLIS DECATUR A SPRl.NGFIELD RAILWAY CO.

'PO

Pennsylvania Railroad Company.
The railways operated directly- or indirectly by the Pennsylvania Con-pany comprise s
:!,3(i4 nabs, and the NET EARNINGS of that company lor the yoiu- 1880, after the
payment of all llxed charges, amounted to
;
$a,07 1,306 85
Those of the Pennsylvania Railroad Company on Its lines east of Pittsburg,
after payment of all tlxed charges, to
7,638,569 01

Holders of second mortgage bonds of the Indlanapoiia Decatur & Springdold Railway Company will
please send their address to the company's office,
No. 121) Broadway, that propositions for readjustment of funded debt may be mailed to them.
A. DUPRAT, Secretary.

system of

Thi Lake Sror-j axd Michigan' Southern
railway compa.vy, 'i'beasukkk's office,
GRAM* Cen'tk.vi. Depot,

been made to have Coupon liouds registered in the owner's name when desired,
and also for their conversion into absolute Registered Bonds, iutoiest payable to Ibe registered
owner only.
WILLIA.M THAW, Vice-President Pennsylv.mia Company.
Approved: G. B. ROBERTS, President Pennsylvania Railroad Company.

N'EW

^

(ntK,

March

TOTAL NET REVENUE FOR 1880
WHILE O.N'LY $1,100,000 will be required to meet the interest
THE WHOLE OF TIIE $'^o,00O.<i00 BONDS ARE ISSUED.
Provision

25. Irs81.

'I'HE nOARD OF DIREOTOU!^ OF THIS
L Company iiave this day declared a dividend of

TWO PER
on

CE.Nl'

MONDAY,

upon

MAY

TEN MILLION DOLLARS

office.

For the purpose of this dividend, and also for the
KLI'.CTION for dil-ectors, which is to be
iield on the 4th cay of .MAY next, the Transfer
Books will be closed at 3 P.M. on THURSDAY,
the 31st instant, and will be re-opened on the
moming of Friday, the tith day of .Vlny next.

ANNUAL

E. D.

WORCESTER. Treasurer.

THE NEW YORK

OFFICE OF

PROVIDENCE 4 BOSTON

TOK RAILROAU), NEW YORK,

RR. CO. (STONLVGApril 2S, 1881.-A

Quarterly Dividend of TWO .2) PER CENT will
bo paid at the office of Messrs. M. Morgan's Sons, 30
William Street, Now York, on the 10th day of May.
The transfer books will be closed from the 30th of
April to the 11th of May.

HENRY MORGAN,

offer the
I

.\ccrueil Interest to

date of delivery.

Subscriptions will be received until Friday, May 0, but the riyht is reserved
to close the subscriptions at an early date, without notice.
Subscriptions will also be received
IN ENGLAND— By Messrs. LOUIS COHEN & SONS, of London.
IN PHILADELPHIA—By Messrs. DIIEXEL & CO.
Thus securing for the bonds an international market.

ItXJHIV,

LOEB &

No. 31

OF THE ROCHESTER & PITTSOFFICE
MCliti KAll.UOAL) 0. 1.\I1'.\.\V,

tion of increasing ttie ca]>ilal stock of the company
from three million di liars, as now authorized, to
four million dollars, bid'-g a proposed Increase of
one million dollars, divided into ten thousand shares
of one hundreii dollars each.
Stockholders of record at the close of the transfer boolis wilt be entitled to their proportionate
part of the proposed new issue of stoCK, and their
option tu take such proportion will expire on the
2Sth day of .May, 1881, at 3 o'clock 1'. M.
Transfer boijksvvill be closed on May 4, at 3 o'clock
lathe attcrnoon and be re-opened on May 21, 1881.
Dated .Vew Yofk, April 21, 1881.
By order of the Board 01 Directors,
THOS. F.
Secretary.

FOK CHOICE

Per Cent Mortgages,
ADDRESS

FRANCIS SMITH,
Successor to

Geo. H. Prentiss,

Columbus (Ohio) City

WALL STREET, NEW YOKK.
GAS STOCKS

AND ALL KXMDS OF

BROOKLYN SECURITIES

OF PULLMAN'S PALACE CAR
OFFICE
COMPANY, CUICIGO,

DEALT

2D, 18^1.

NOTICE Is hereby given that the outstanding
BIGHT PEIl CE.VT DKBKNTUilE B0ND8 of this

Company (Second

Series) the oriiiinal is.suc of which
was tl.oOO,000 falling due .May 15, 1881, will bo paid,
including the last ciupon, on May 14, 1831, .May 18
being Sunday, upon presentation, at li'ariuers' L,oun

A Trust Company, 26

Exchange Place, New York.
Interest will cease on May 15, 1881.
A. 8. WEI.>fsUElMER, Secretary.

W. IIAKTEK, ATTORNEY, Cauton,
HENKY
Ohio, conducts
classes of cases against Indiy.
all

Idnais, raiiroads and ottier corporations in both state
and U.S. Courts. Kefers to <;. Aultman, Canton, u.;
Isaac Harter 4 Sons, Canton, O.; Kountze Bros,,
Mew York; Ez-Chief Justlos Aipiew, Beaver, Pa.

FIRM OF

K. M.

WATERS &

CO.

Mr. R. M.
Ji^is this day dissolved by limitation.
retires from active business. Either partner will sign in liquidation. The business will be
continued at 54 Broad Street, by our successors,
Messrs. JNO. C.
A CO., of Selma, Ala,
R. M. WATERS,

Waters

GRAHAM

New York. May 1, 1881.

T. ^lYING,
NEW YORK,

STREET,
A

Co., Bankers.)

C. Chew,

J.
WALL STREET, NEW YORK.
TEXAS BAILAVAVS,
BONDS, LANDS, &e.
No. 7

Desirable Texas Securities for Investment oon
gtantly on han6

IN.

8EB GAS QUOTATIONS IN THIS PAPER.
tpiIE

1905.

8s, ISSS.

(With A. M. Kidder

K.

March

WALL

18

AND

Mortgage Bonds, due May 1. 1881, will be paid by
J. Cisco & Son, Nu. 59 Wall .str.^et. New York,

ill.,

CHAS.

GAS SECURITIES,

John

Investments.

Sandusky Mansfield A Newark RR. Ists, 7s, 1900.
Toledo Peoria & Western RR. Ists, 7s, 1017.
Ohio & West VirKinIa Railway Ists, 7s, 1010.

Scioto Valley Railway Consol., 7-, 1010.
Cleveland Col. Cln. A Ind. Rll. Cons., 73, 1014.
Milwaukee Lake Shore & Western Ists, 7s, 1905.
Rochester i Pitsburg Railroad Ists, fls, 1021.

Texas Central First

W. CAVK, Treasurer.

May

Columbus A Toledo Railway Ists, 7s,
Central Iowa Railway Ists, 7s. 1899.

SMITH A HANNAMAN,

IndlanapollB, Ind.

No. 17

CO.,
NEW YORK.

NASSAU STREET,

WKNTWOKTH,
OFFICE OF THE TEXAS CENBRANCH
I'HAI, HAIL Way COMPAN>,Hoi sio.v, TKX.,
STREET RAILROAD STOCKS AND BONDS
April 21. )881.-Couponi of

PER CENT GOLD BONDS,

4 1-2

same for public subscription at the price of lOO 1-2 Per Cent and

Treasurer.

No. II Fl.\K STKEkT. NkW VoitK CZTY.
Pursuant to the recommendation and vote of the
Board of Directors of this company, nt a meeting
thereof on the 20th day of April, 18«1, notice is
hereby given that a meeting of the stockholders of
the Rochester & Pittsburg Railroad Company will
be held at tiie ottices ot tlie company. No. 11 Pine
Street, New York City, on the Isth day of .May, 1881,
at 2 o'clock in llie afternoon, to vote upon the ques-

WUEM

lias

The undersigned, Iiaring secured control of the hereinbefore described

capital stock, payable
next, at this

its

the id day of

$10 709,905 86
and sinking fund,

A. W. UAWLEV.
THOS. B. HAWLBT,

OF 8T. JOisEPH, Mo., BONDS.
CITY
Wisconsin Central Kaitroad l.and Grant BoadA.

A Canada Southern ttonds.
Atchison Colorado & i'acitic it It. Uonds.
Mobile ,<t Grand Trunk Itailroud Bonds.
Joseph
& Western Kaitroad Securities.
St.
South & North Alabama Railroad Stock.
Brooklyn Elevateu Uailroad Bonds and Stock.
South Carolina Itailroad Securities.
Midland Railroad of New Jersey Bonds and Sto<Sk
County. City and Town Bonds of Western State*.
Grand Kaplds lV Indiana Kaitroad Seciiritics.
Milwaukee A Nortticr.: KiLiiroad Bonds.
ChiCitgo

A Pacttlc Kailro.id 1st Mortgage Bonds.
BOUGHT BY
S. VTLEY, No. 31 Fine Street, N. X,

Atlantic

wm.

—

:

THE CHRONKJLE.

if

I

Vol.

XXXI

Financial.

Financial.

THE

MUTUAL UNION

OFFICIAL STATEJHENT

TELEGRAPH COMPANY

OF THE

('

organized under tbe lawa of the State of New
York, und has constructed a telegraph Une of elx
wires from Boston, Mass., to WashingtoQ, D. C.
This lino has been built in the most substantial
manner, and the poles are of sufficient size to carry
thirty-stx wires. The company has obtained excellent franchises or contracts giving It the right of
way through Boston, Providence. Hartford, New
York City, Philadelphia, Baltimore and Washington, and all the smaller cities and towns on the
is

GULF COLORADO & SANTA FE
RAILWAY COMPANY,
OIV

ECE3JCBER, 31, 1880.

r>

route.

The company now propose to extend their lines
from New York and Boston to Worcester, Spring*
Albany, Utica, Syracuse, Rochester, Buffalo,
Eric, Cleveland, Toledo, Detroit, Chicago, Milwaukee, St. Paul, Minneapolis, also to Kansas City, St.
Louis, Indianapolis, Louisville, Cincinnati, Columbus, Wheeling, Pittsburg, Ac, intending to cover
tbe principal cities of the West and the interfield,

Chartered under the laws of Texas, May 28, 1873.
Construction commenced in May, 1873, and road completed to Areola near the close of 1877.
At Areola connection is made wilh the Columbia Division of the International and Great North.
ern Railroad, nineteen miles from Houston at Richmond, with the Galveston Harrisburg & San
Antonio Railway.
The Company Is entitled to the State land grant of sixteen sections of land {640 acres each)
for each milo of road built and equipped. The road was sold and reorganized April 15, 1879.
On August 1, 1880, the Company opened its line for traffic from Galveston to Brcuham, a
distance of 1 26 miles, and connecting there with the Western Division of the Houston & Texas
Central Railway.
On September 4th the line was opened to Caldwell, in Burleson County. On September 2l8t
to Milano Junction, there connecting with the Brazos Division of the International & Great
Northern Railroad. On 22d the lino was opened to Cameron, and on December 9th to Rogers, a
distance of 20.5 miles from Galveston, and the Company still extending its Une towards Belton,
a distance of 22G miles from Galveston.
The rolling stock consists of Locomotives, 15; passenger cars, 8; baggage, mail and express
oars, 4; box freight cars, 155; platform freight cars, 235; stock cars, 28; wood cars, 10; service
;

:

Total cars, 448.
Statistical report of operations for the five months ending December 31, 1880:
Miles run by passenger trains
Miles
by freight trains
,
Miles run by mixed trains
cars, 8.

C4,4 GO

nm

68,650
6, SSI

Total miles run by trains

139.991

Nnmber of passengers carried
Number carried one mile

17,201
933.620
112,918
9.193.741

Tons of freight carried
Tons carried one mile
Earnings
Earnings
Earnings
Earnings

from passengers
from freight
from mail and express
from other sources

$30,786 89
277,484 92

OPERATING EXPENSES.
$90,631 67
39,3t)5 16
7,262 10
21,301 10
7,092 10

Total

165,652 13

Total net earnings

months)

(five

Amount of interest due on outstanding Bonds

(being six mouths) Jan.

1,

Gross earnings for month of January, 1881
Gro.s8 earnings for month of February, 1881
Gross earnings for mouth of March, 1881

1881

....

$151,187 22
8.5.960 00
64,6! 8 17
64,482 54
73,000 00

GENERAL BALANCE DECEMBER

31, 1880.
Ce.
Cost of road
Cost of rolling stock
Real estate and buildings
Constructing telegraph line .
Materials and fuel on hand...
Current accounts

Dk.
Capital stock
$1,450,000 00
Funded debt, llret mortgage.
2,456,000 00
Connecting roads, freight and

passenger balances

Touchers and pay
1880

76,112 00

rolls for

Dec,
128,823 34
367,229 88
151,187 22

Current accounts

Net

tralUc earnings

$3,742,808
306,269
221,183
21,783
14,442
193,303
126,559

Cash on hand

70
23
51
72
02
35
88

$4,629,352 44
$1,629,352 44
authorized to issue a First Mortgage Bond of $12,000 per mile, bearing
Seven per cent interest, payable semi-annually on January and July 1st; payable in New York.
The Bonds are dated July 1, 1879, and payable July 1, 1909. Messrs. J S. Kbn.nedy and
CnART.ES M. Fry, of New York City, are the Trustees.
The amount of Stock authorized is $6,000 per mile, and under the laws of Texas no stock
is legal unless fully paid up at par.
Ou April 6, 1881, the company was operating its line to Belton, 226 miles, and has under
contract a branch road from Temple Junction, near Belton, to Fort Worth, connecting with the
Texas & Pacitlo Railway. 125 miles, and will further extend its main line from Belton northeast,
to crosi the Texas & Paciflo R lilway near Taylor Couuty, about 200 miles. Total number of
miles of road 551, exclusive of sidings and other tracks. Gauge, 4 ft. 8^2 in. Rail, 56 lbs.

The Company

OFFICERS

«EORGE SEALY,
WALTER GRESHAM,
DAVIS,

;

\

tems

in the most economical manner, and covering
nine-tenths of the business of the country, witb
comparatively a small capital, is sure to be very
profitable to stockholders, and at the same time a
great advantage tu merchants and business men In
all the loading cities.
For the purpose of completing these lines there
will be issued $5,000,000 of bonds to run thirty years*
at 6 per cent interest, payable in gold, semi-annually
in New York, registered at the Central Trust Company of New York.
Purchasers are offered 15,000,000 bonds and
$5,000,000 par value stock, at the rate of par for the
stock, or for each cash purchase ot $10,000 the purchaser will receive

$10,000
10,000
as required for
construction, but not over 10 per cent will be called
in any one month.
It is expected that the entire system will be completed und working within twelve months.
Tlie interest charges will be only $300,000 annually, when the lines are all finished. The Income from

The amount

tne present line between Boston, New York City
and Washington can bo made to pay that amount.
To pay a dividend of 6 per cent upon the entire
authorized capital of $10,000,000 will require only
$600,000 more, in all $yoo.000 annual revenue.
It is estimated that the net revenues of this entire
system of telegrii-h lines when completed will not
be less than $1,500,000 annually, or enough to pay
the interest on the bonds and 12 per cent dividends
on the wliole capital stock.
Only $1,000,000 wi'l be allotted to New York. The
balance will be taken in Boston and the West.
Allotments will be made in full for amounts of
$10.(J00 nnd
under, and the remainder will be
allotted pro rata for amounts exceeding $10,000 oo

Mav 10.
The books will be opened at our office on Monday,
May 2, and closed on Thursday, May 5. at 3 P. M.
Full particulars furnished

S.

WILLIS.

14

WALL

Office or Geo.

KILLEEN.
GEORGE BALL.

J-

S.

D.

ROGERS,

W.

L.

SEALY',

bonds and stock of the

EGUAPH COMPANY

MUTUAL UNION TEI,-

will

open at our

MpODY,

KEMPNER,
LEON BLUM,
H. ROSENBERG.

The entire amoont allotted

to

;

GEOR&E SE^LY, f»r-esident.

on

Boston— $1,000,000—

has been taken, and purchasers of the 1^1.500,000
set aside for New York will have to be considered
in the order of their priority.
The customary preliminary instalment of 10 pec
cent in cash should accompany each application

BALLOU &

CO.,
14 Wall Street.

CO.

ASSET SCRIP

BOUGHT BY

BONNER

G, T.

& CO.,

BROAD STREET, NEW YORK.

H.

C.

&

E. Odell,

AGENTS FOB

All of Galveston, Texas.

Total number of bonds issued and outstanding April 7, 1881, 2,712, numbered from 1 to
and including 2,712, at $1,000 each, $2.712,000 and application is made herewith to have the
BoBds, as mentioned above, admitted to call on the New York Stock Exchange.

office

Monday.

20

H.

30, 1881.

BOOKS FOB THE PURCHASE OF

:

HEIDENHEIMER,

CO.,

Wm. Ballou &, Co.,

New York, April
'piIE

F. P.

JOHN

&

NEW YORK.

STREET,

JAY COOKE &

JOHN 8EALY.

WILLIS,

JOHN

npon application.

GEO. Wn. BALLOV

GKO. WM.
R.

J E. WALLIS,
8.

made payable

GEORGE 8EALY.

DIRECTORS
E.

to be

:

President
Vice-President
General Manager
Secretary
Treasurer

S.

j

It is believed that the lines of this company, when
completed will include nine-tenths of the profitable
telegraphic business of the country.
The company has secured, in addition to the
ordinary system, several valuable inventions for
the moat efficient and cconomlcsl uie of its plant
these inventions coverinr the whole field of telegraphy. Such a line, newly built, constructed with
reference to the most improved methods of telegraphyand operated under the most improved sys-

is

.

W.

I

i

mediate stations; also a line from Boston to Portland and the Eastern cities.

Stock, par value

$316,839 35

Conducting transportation
Motive power
Maintenance of cars
Maintenance of way
General expenses

j

Bonds

5,186 34
3,381 20

Total earnings

|

Steel

and Iron Rail

MANCFACXtnEKS,
104 John

Street,

Rooms 10 &

NEW YOHK

C^JTY.

11,

k

xmm
HUNTS MERCHANTS' MAGAZINB,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
by Wm.

[Entered, according to act of Congress, In the year 1881,

VOL.

B.

Oasa &

SATURDAY, APRIL

32.

CONTENTS,
Iiuportsand Exports for March,

453

MarriagB of Jersey Central to

Wabash

and for Nine and Twelve
Months Ended March 31,

454

1881

Prospects of the Wheat Crop.. 4.'i5
Coin in the Bank of Euglanrt.. 455
Chicago Milwaukee & St. Taul

Report

Kevenuo Law Uncertainties.

.

.

Monetary

and

English

News

Commercial

Commercial and Miscellaneous

456
457

News

recorded

ties.

8.

Securl-

i

Railway Stocks, Foreign

Exchange New York City
Banka.eto.

1

4G0

I

461

I

470
470

Commercial Epitome
Cotton

j

I

.

.

.

TIMES.

47o

Breadstufts

- 4/6

Dry Goods

Thb CoMMERCUi AND FiSANCiAL CHRONICLE

is

issued every Satur-

day morning, with the latest news up to midnight of Friday.
[Entered at the Post Office at New York, N. Y., as second-class
mail matter.]

IN

ADVANCE;

AdTertisements.

Transient advertisements are published at 25 cents per line for each
Insertion, but when deflnito orders are given for Ave, or more, insertions,
a liberal dlscoimt is made. 8i>ecial Notices in Banking and Financial
column 60 cents per line, each insertion.

liondou and lilverpool Offices.
The office of the Chrosici.e in Loudon is at No. 74 Old Broad St reet
and in Liverpool, at No. 5 Brown's Buildings, where subscriptions and
advertiscmi'iits will be taken at the regular rates, and single copies of
Is.

each.

WILLIAM
79

.

&

B.

DANA &

;

THE FINANCIAL OUTLOOK.
The snow blockade
still

new year

since the

the floods, put such an

embargo on

freight transportation, that spring business did not at the

But now with the machinery
consumption large and
interior stocks of goods small, deferred orders are coming
forward, and the movement of goods is likely to bo kept
up in unusual volume for the summer months.
The outlook, therefore, for our various industries is very
opening meet anticipations.

of

commerce again

in full motion,

I

promising
the

many

;

and

this

"Windom's"

minimum

of last

the price of Consols

up

to

827.

are quoted at

,

101 to

them much
of discount has been
year and the inquiry in
to carry

is

so great as to

101 11-16, the highest

when they were

102,

and that was the

Emigrants are flocking to our shores
in numbers so great that extra steamers have to be provided to meet the demand. The prospects for the crops
are decidedly brightening, while the scheme for extending

highest ever known.

the redeemable 5 and 6 per cent bonds at 3J per cent, bids
fair to

be

Add to this a new start
and we have in brief the financial
It is no wonder that with such surroundings
depress the values of good railroad properties
brilliantly successful.

only adds

efforts to

should prove unsuccessful.

In our issue of March 26, page 322, we gave a table
comparing the highest and lowest rates for money on call
during March with those in the corresponding month ia
1880 and 1879. It was then expected that the supply of

money would be

another

influence

so far in excess of the

to

demand

that the

average for April would certainly not be more than 5 per
cent.
The record shows that this was the average for the

week

Since then the average rates have de-

only.

clined to about i\ for the second

Spring has burst upon us with unusual suddenness this
season, and with it every industrial enterprise has received
impulse.

the

recorded sincS 1852

first

cover is furnished at 50 cents postage on the same is
18 cents. Voliunes bound for subscribers at $1 00. A complete set of
the Commercial and Financial Chkonicle—July, 1865, to datecan be obtained at the office.

opened, and later

move

CO., PubKshers,

81 WUliam Street, NEW YORK.
Post Offick Box 4592.

Eg* A neat flle

new

reduced to the

situation.

$10 20.
For One Year (including postage)
6 10.
ao
ForSliMouths
£2 7s.
Annual subscription in London (including postage)
do
1 Ss.
do
do
Six mos.
Subscriptions will bo continued until ordered stopped by a wruien
responsible
order, or at the publication office. The Publishers cannot be
lor Remittances unless made by Drafts or Post-Office Money Orders.

the paper supplied at

C-l

in railroad earnings,

TERMS OF SUBSCRIPTiON-PAYABLE

WILLIAM B. DANA, »
JOHM O. FLOYD, JK. ]

—even

Great Britain for investment securities

Quotations of Stocks and Bonds 464
Lical Securities . ... . . . .... 4bo
Investments, and State, City
.and Corporation Fmauoes. .. 466

THE COMMERCIAL

NO

188L

30,

sufBcient
458 101:^, and the demand is
Bank
of England rate
The
higher.
458

THE BAXTERS' GAZETTE.
Market. U.

WaglUngton, P.

out doubt will go on expanding as months progress. Govemment bonds are selling for about the best prices ever

THE CHFONICLE.
The Financial Outlook

Money

Co., In the office of the Librarian of Congreea,

week and

4 for the third

and fourth weeks. The oversold condition of the stock
market will in part account for this; but the principal
causes producing it have been the large arrivals of gold
from Europe and the further circumstance that funds
which were sent to the interior for the usual April settlements began at once to flow back from remote points to
this centre, and now currency is freely coming hither from
Chicago, St. Louis and Cincinnati, where interest rates ar»
almost as low as they are in New York. This is an indicsKThere is at present
tion that the country is full of money.
no lack of it for all mercantile, industrial, manufacturing

and speculative

enterprises, while our foreign trade is in

so satisfactory a condition as to turn the flow of gold this

way on

What conclusion can be
and others we have stated
and speculative activity for

the slightest inducement.

drawn from such

facts as these

above, except great industrial

coming months ?
The Treasury operations for the six days, includingan average of about 4 .per cent and is offered for six last Friday, show a loss, which is a gain to the banks, of
and even ten months at that rate on pledge of stock $2,219,628.
This has chiefly come from payments of
collateral.
Indications also point to a steady flow of cur. Assay Office checks for foreign bullion, which have
rency toward this centre from all interior points, even the amounted to .$.3,408,046. There is $360,000 still to be
most remote. Bank currency is on the increase and with- settled for.
The receipts by the Treasury for customs
markets.

favorable conditions

Money

is

even now

affecting

our

obtainable

on

financial
call

at

.

THE CHRONICLE.

454
alone have amounted to

$2,936,827 in

There have been two weak spots in the stock market

period, and

tliis

fVou XiXil.-

The elevated railroad shares have fallen
week.
and $1,604,000 in silver certificates. heavily, by reason of the ofBcial statement of the financial
The rates for domestic exchange have risen to 25 cents condition of the Manhattan Company, made to the Mayor
per $1,000 premium at Chicago and to par at Boston and in an application for remission of the tax on the corporaCurrency is flowing hither freely from the West, tion. Advantage was taken of the break in these stocks
St. Louis.
and the following table will show the extent of the move- to unsettle the other properties, and an attack upon the
ment, as reported by the principal banks, since last Thurs- market was partially successful. On Thursday the Trunk
lime shares wer» advanced, on rujaors that the managers
day.
had agreed to pool the earnings instead of the freight of

sum $1,194,000 has been

of this

United States

in gold,

$137,000

in

this

notes,

Received.

Shipped.

$1,402,000

$244,000

$1,402,000

$244,000

the roads

Gold
Total

other

but while these properties were strong, the
Beading, showed itself, and the fall in

spot.

this again aided in unsettling the market.

majority of

the

of

The movement

;

weak

the railroad

The tendency

properties

is

Qlearly

from Europe has nearly ceased toward higher prices, and there appears to be good buyfor the present.
Since the 13th no shipments have been ing at every decline, on orders from domestic and foreign
reported by cable, and the amount now in transit is light investors.
and made up of email lots which have been sent out from
of gold

The

continental ports.

arrivals since Saturday inclusive

MARRIAGE OF JERSEY CENTRAL TO WABASH.

making about 27 millions
No sooner does a road come under Mr. Gould's maternal
The Bank of England care than
since the beginning of the year.
it is lost in admiration for some other road
iiBporl Siio w5 a gaiii Oi jjl".iu, uuO i-ortiiS wcGK, and an increase
already within his control.
One would certainly think that
of 1 3-16 per cent in the proportion of reserve to liabilities. the Central of New Jersey
and the "Wabash were far
The Bank of France shows a gain of 3,950,000 francs gold enough apart to be safe from each other's charms,
separated
and 7,300,000 francs silver for the week, while the Bank as they are by about 500 miles; yet
see how eager and inThe tense their desire is to reach
of Germany has an increase of 5,320,000 marks.
out and embrace On the
following indicates the amount of bullion in each of the
earlier rumors the incredulous public pronounced it all a
European banks this week and at the corresponding date mere passing fancy,
or, perhaps, idle goss'p; but now there
last year.
is no longer any doubt as to their relations. Life is evidently
have amounted

to $526,338,

April 28, 1891.
Gold.

Aliril 29,

Gold.

Silver.

1880.

intolerable except in association with each other.

Silver.

become patent

Total tills week
Total prevloua week.

...
...

.59,103,315 68,872,012 70,428,831 68,102,774
59,0.58,643 6fi,3S0,512 70.439,425 68.020,641

^p" The above gold and
Bank of Germany Is merely
nu information on

"

26.403,075
28,146.765
23,807,232 49,469,030 32,679,066 18,896,774
9.193,006 19,402,982
9,603,000 19,206,000

Bank of Germany

silver division of tlic stock of coin of the
poiiular estimate, as tlie Bank itself gives

has

Two souls* with but a sinprle thought,
Two hearts that beat as one."

The Creator, to be sure, has laid their paths in life so
wide apart that it is no easy matter to unite them. Toledo,
the extreme eastern end of the "Wabash, is, as already remarked, 500 miles distant from Tamanend, the extreme
western end of the Central of

tlial point.

The market

It

even the most superficial observer that

here are

£

Bank of England
Sank of France

to

for foreign exchange has been strong in

New

Jersey.

union space and distance are as nothing.

In an ideal

But this is to be
and in it therefore

Shipments a practical union as well as an ideal one,
of domestic produce are for the moment checked by the space and distance are important elements. And yet, can
comparatively high prices for pork and provisions, the re- nothing compass the difiiculty when the benefits to result
tarded movement of grain, at first through the snow are so enormous? Appeal is made to their mystic guardian.
•consequence of a scarcity of commercial

blockade and

floods,

and

later

by

the bad roads

reported that the quality of the cotton
is so inferior that

it

bills.

;

is

it

also

For
demand

cannot be readily sold for export.

these reasons the supply of

not equal to the

bills is

for remittance against bonds imported, and the rates have

been advanced

to

such points as to

make

it

temporarily

some trading in
securities by cable, but these transactions for European
Account cannot be heavy, otherwise there would be a supply
of bUls from this source. The following table shows the
relative prices in London and New York at the opening
unprofitable to import gold.

There

He

at once determines

now coming forward enough

is

each day.

for those that

A conference was

thall

it

have
held

be

done,

and

that's

faith.

Monday

afternoon, according to

the daily papers, between committees

of the Jersey Cen-

and "Wabash, with reference to the formation of a
close alliance and the establishing of a new through route.
" It was resolved " to extend the Jersey Central system to
Red Bank (how much more appropriate Green Bank
would be) over the Pennsylvania "low grade" roads,
much in the same way outlined in these columns last week,
and from thence to build 70 miles to Youngstown, "where
Abundant
there is abundant communication to Toledo."
So is there at Philadelphia and
communication, indeed
tral

!

ApraZS.

.lprH26.

^prii 27.

ApHl 28

AprU

29.

Lond'n N.r. LarnVn N.T. Lond'n N.T. Lond'n N.Y. Lond'n N.T.
pricen.* prices, prices.* prices. prices.* prices. prices.' prices. prices.* Itrices.

C.S.4B.C. 11518 115J^ r.517 115M 115-41 115K 11541 i-iiH 115-41
101-41*
U.S.68,c. 101-57t 102J« 101-65* 102« 101-53* 1025< 101-78* 103
45-77
45-38
45« 46-26 46M 46-87
4617
46
Brie
454r
103-24
103-24
102>«
Bdcon. 102-78 10254 103-a.i 102
102W 103-48

CU.Cent. 136-56

135

». r. C.
Beading

143-85

1429^

28-43+

67

136 87
143-60
28-48t

118

IM
46>i
103

135?<

136-87

135

13SH

130-84

1365s

143«

143-66

144M

28-364

U'iH 144 64 144
68M 28 48+ 56H

145-24

57

136-M

27-02+

53 Vi

Bzch'ge,
cables.

4-R6

4-87

4-87

4-87

4-87

Expressed in their New York equivalent.
t Heading on basis of $50. par value.
•

i

Kx

interest.

Note.— The New York equivalent is based upon the highest rate for
cable transfers, which ordinarily covers nearly all charges, such as
Interest, Insurance and commissions.

York, and even at Red Bank. "Why then build 70
miles of road ?
No information is vouchsafed as to what arrangements
Perhaps that was
are to be made with the Pennsylvania.

New

But does it not seem a .little queer
which would play by far the most
important part in the proposed route, should not have
been represented at all in the conference ? Then, as the
Pennsylvania has its own line to Toledo, would it not be
in the highest degree unwise, as we have before said, for
thought unnecessary.

that the Pennsylvania,

•For the sake of the metaphor

have soulit

we

will suppose that corporations

I

I

—

J

Apkil

THE CHRONICLE.

30, 1881.

455

of an opposition line, which pushing further West, and new lands are being opened
Perhaps the up constantly, we cannot see any present prospect of a
its business ?
of
some
away
could only take
refused its total acreage below that of last season.
and
On the other
consulted
been
already
had
Pennsylvania
and
Central
Jersey
facta,
in
view
of
the
foregoing
of
the
not
safe,
plucky
would
be
hand,
it
how
that
case
In
aid.
Wabash people to " resolve " not to let the small distance to count too surely upon a further great increase in our
of 500 miles stand in the way, and to unite the systems yield of wheat next season.
it

to assist in the formation

It is probable that there are yet pretty full stocks of
anyway, in theory if not in fact. Would not the benefits
Prices have not been
wheat in the hands of farmers.
be the same ?
If any one doubts either the announcement or the results, high enough to stimulate deliveries, and the accumulalet him reflect on the immense advantages that the Wabash tions of snow, followed by floods, interrupted transjwrtais deriving from a similar alliance, solemnly made in con- tion greatly by rail, as well as over country roads, for
The lateness of the season has delayed the
clave last summer, with the proposed New York Lacka- many weeks.

wanna & Western, which was announced with a great reopening of the Erie Canal. The probabilities are, therethe new road to extend to Buffalo fore, that unless crop prospects shall be so unpromising as
of trumpets
and connect with the Wabash at Detroit over the Great to induce farmers to hold back the old stock, we shall
Western of Canada. "Verily, these stories about the for- have very heavy supplies of wheat upon our market from
mation of new thiough routes and alliances have been the middle of May to the first of July. But so much wiE
repeated so frequently that they are getting "stale, flat depend upon many conditions yet to be developed, that
and unprofitable," and unless Mr. Gould soon hits upon it would be idle to attempt to forecast the course of prices.
There is no longer any doubt expressed of the export
something more substantial than these unions against nature
to perfect an Eastern trunk line, is it not possible that demand for our wheat, at moderate prices, continuing on a
At the beginning of the crop year now
the public will become altogether incredulous ? For our- very large scale.
wants
think
Gould
we
admit
that
close,
it was apprehended that the better yield
to
drawing
to
a
are
free
we
selves,
and has determined to have an Eastern system already in Great Britain and the West of Europe would cause a
established, and is not at all desirous of forming or build- material curtailment of the demands upon us. Such has not
proved to be the case. For nine months ending April 1, being
ing a new one, either in whole or in part.

—

flourish

three-fourths of the fiscal year ending July

PROSPECTS OF THE WHEAT CROP.

1,

the exports

of wheat (including flour reduced to wheat) I'eached the-

The prospects of the wheat crop of the United States large aggregate of 145,608,000 bushels, against 139,862,000coming season are involved in some doubt, through bushels for the corresponding period of the previous
the possible operation of events that had little or no rela- fiscal year, which had greatly exceeded all fonner years.
tion to the two or three great crops which have been Thus in the face of better crops in Great Britain and the
gathered in the seasons last passed. In the first place, the West of Europe, our exports of wheat and wheat flour
winter of 1880-81 was unusually severe and prolonged, increased. It is true a lower range of prices has prevailed,
coming on early and hanging on late; and more lately the and the aggregate values for nine months of this year are
wheat-growing sections of the Northwest have suffered about 166 million dollars, against 174 million dollars last
from floods beyond all precedent. These circumstances year in other words, nearly six million bushels more
can hardly fail to have an important relation to the yield wheat have been sold for eight million dollars less money.
of wheat for the next season; in some cases improving, But if this fact has any significance, it is in demonstrating
while in others diminishing, the prospect; and there is, that at moderate prices we can sell our wheat in quantities
therefore, a good deal of anxious inquiry, even thus early, that a few years since would have been deemed imfor the

;

regarding the matter.

Of the present

possible.

condition,

the accounts coming in are

COIN IN THE

very contradictory, and derived, as they mostly

are, from
and local observations, are not very reliable.
Winter wheat is, no doubt, rather backward in growth
from the effects of the severe winter and late spring, but
seems hardy, and now comes forward rapidly, especially
in the Northern latitudes.
In the Middle latitudes, where

partial

some extent winter killed.
The acreage has been extended on new lands, but the
comparatively low prices current last autumn undoubtedly restricted the sowing, more or less, in the older
sections where winter wheat is grown.
Therefore no
there

was

less

snow,

very important

it

was

increase

to

in

the

acreage

can

be

an evidence of " slack-

Bank

of

England

holds £17,500,000 coin now, against 10 to 12 millions on

ordinary occasions.

The inference drawn from the

facts

cited seems to be very reasonable, and, in truth, quite
clusive.
1.

We should like, however,

Whether

con-

to ask

does not follow, from such a statement^

it

had not been

that, if trade

excess of coin

slack, this 5 to 7 millioa

over ordinary occasions would have

been in active circulation, and therefore not have
accumulated in bank ?
2.

As

cites as

ness of trade" the circumstance that the

ex-

pected.

BANK OF ENGLAND.

The London Economist

That

if

the

Bank had been

short of this unusual

regards spring wheat, the whole year, from the
gathering of the last crop to the present time, has undoubt-

pelled to put

edly been unpropitious.

business " slack," so that the coin could be accum-

It is usual to

do the plowing of

lands for spring wheat in the autumn; there
for this

work

is

little

time

accumulation of coin, would

up the

rate of

it

not have been com-

interest until

it

made

ulated ?

and as soon as the snow disap.1.
Does it not look, therefore, as if this necessity and
pears the sowing is made upon the lands plowed in the
fear hanging over English trade, was a chief influprevious autumn. The winter came on so suddenly and
ence in keeping business "slack," and that it would
severely last year that farmers had no time to plow to
quickly check any considerable activity if it were to
the extent desired, and the floods this spring have overarise ?
flowed much land, so that it could not be sowed, or, on
Perhaps the more this thought is followed up and
subsiding, have left many other fields unfit for cultivation. dwelt upon, the more intimate and personal will appear to
Still, as population the last few years has rapidly been
be the interest England has in this silver question.
in the spring;

;

THE CHRONICLE.

456
CHICAGO MILWAUKEE

ST.

<&

PAUL REPORT.

Miles.

caused a heavy increase in indebtedness, and the fact that
the increase in earnings of late did not keep pace with the

(19)

afiairs,

88

Crosse, Wis. (Chicago Clinton Dubuque &
Minnesota), 1 78 miles, but 160 counted in (5 j and (9)
(18) Sioux City & Dakota Line.— Sioux City to Sioux Falls and
to Yankton, 131 miles, but 52 miles included in (8)

(17)

the company's

Chicago to Milwankee, and branch of 3 miles

(16)

The St. Paul report has been awaited with much interest.
The large additions to the company's mileage, through
acquisition and extension, the knowledge that this had

Clinton,

la.,

to

La

18
79

Rock

(20)

tended to draw attention to
and much speculation has been

increase in mileage, have

[Vol. XXXII-

Island, 111., to Racine, Wis., 197 miles, but 22 miles
counted in (9)
Branches in Wisconsin.—Watertown to Madison, 37 miles;
Madison to Portage City 39 miles Sparta to Viroqua, 34
miles Lisbon to Necedah, 13 miles La Crosse to Bridge
Switch, 3 miles; Lone Rock to Richland Centre, 16 miles;
Milton to Monroe, 43 miles; Albany to Brodhead, 7 miles;
Janesville to Beloit, 14 miles; Milwaukee to Portage City,
98 miles Horicon to Berlin and Winneconns, 57 miles
Ripon to Oshkosh, 20 miles Milwaukee to Schwartzburg
and Cement Mills, 7 miles Mineral Point to Warren, 33
miles; Platteville to Calamine, 18 miles; Eagle to Elkhorn, 17 miles Tomah to Jenny, 108 miles
Bkanches in Minnesota.— St. Paul Junction to St. Paul, 6
miles; Benton to Minneapolis, 29 miles; East Wabasha to
Zumbroti", 59 mile? Wells to Maukato, 40 miles; Caledonia
Junction to Preston, 58 miles
Branches in Iow.v.— Conovcr to Decorah, 9 miles; Mason
City to Austin, partly in Minnesota, 39 rnUes; Sabula to
Cedar Rapids, 92 miles; Paralta to Farley, 41 miles;
Davenport to Jackson Junction, 151 miles; Eldridge to
Maquoketa, 32 miles; W.atertown to Hampton Coal Mines,
4 miles Savanna to Sabula, 3 mUes Turkey River Junction to Wadena, 44 miles; Bellevue to Cascade, 36 miles;
Waukon Junction to Waukon, 23 miles
Branches in Dakota.— Milbank Junction northwest, 22
miles; Egan to Dell Rapids, 13 miles
,

all

;

;

indulged in as to what the report would show.
As respects the number of miles of road embraced in
its organization the company now stands in the front rank

175

;

;

;

;

Tke mileage

of the great railroad corporations of the day.

and on January 1
The total
miles.

was increased 1,544 miles during
the company operated altogether

1880,

has been further increased

and now

Among

the roads

since,

3, "77 5

is

about 3,800.

Valley, the Chicago

Dubuque & Minnesota,

&

Pacific, the

(22)

the Wisconsin

Sioux City

&

Dakota,

and the Hastings & Dakota. The purchase of the Southern
Minnesota was announced in the previous report, but the
road had not yet then been merged in the St. Paul system.
The Chicago Chnton Dubuque & Minnesota is quite an
it

(23)

gives the St. Paul an all river line from

Grand

when

the

is

Chicago

&

Pacific.

This road

477
3.5

3,800

total

Various other lines are projected. The one that is
is the proposed extension of the

danger of

important addition

192

;

;

Iowa, to St. Paul, Minnesota, and removes the
But perhaps the most
competition there.

Clinton,

564

;

acquired are the Southern Minnesota,

the Chicago Clinton

acquisition, as

;

(21)

attracting chief notice

St. Paul extended company's Iowa system from Marion to Council Bluffs,
needed the construction of which would give the company a line between Chicago and

passed into the hands of the

it

from Chicago

to Byron.

It

The report speaks very favorably of the
The road would run through a fine section of
and very direct line to country, it is true, but as it will pass midway between the
latter
a short
the
to
Chicago. These 26 miles have been constructed, and Northwest and Rock Island for most of the distance, it
now the position of the St. Paul has changed. It is no would be surrounded on either side by active competitors,
While retaining its and it does not appear certain yet that Central Iowa can
longer exclusively a Milwaukee road.
26

only

Paul's

miles

entire

to

bring

network

it

of

in

contact with

and

roads

to

St

the

afford

the latter point.
line.

" grip " on that city, it has s^icceeded in obtaining a hold at present support three roads in such close proximity
on Chicago, so that the distinctively Chicago roads should to each other. Then as regards the Council Bluffs traffic,
soon feel the effect. This must not be lost sight of in any that would have to be divided with the three roads already
How the St. Paul doing the business; so here too the field is pretty well occuestimate of the company's future.
system has been transformed under the influence of the pied. Still as it is announced that steps have been taken
Chicago & Pacific, and what a wide expanse of territory it to begin work at once, we suppose the line will be built.
now covers, may be seen in the following analysis which
The company's financial condition, as presented in the

we have made

of the

report before us, can not be regarded as highly satisfactory.

company's mileage.
Miles.

(1)

(2)

via Watcitown, Portage City, La Crescent and
Hastings, to St. Paul and Minneapolis
Milwaukee via La Crescent, Hastings and Ortonville, to
Aberdeen, Dakota, 587 miles, but 307 miles already counted

Milwaukee

in

(1)

Milwaukee

via La Crescent, and over Soutliern Minnesota
to Madison, Dakota, 535 miles, but 196 counted in (1)
(4) Milwaukee via Milton, Madison, Prairie du Cliien. McGregor, Calraar and Farmlngton, to St. Paul and Minne-

(3)

(5)

(6)

<7)

336

of

the close of the year there was outstanding $70,172,000
mortgage debt, on which we figure the annual interest

charge at about $4,063,000.

The previous year the debt

280 was only $41,349,500, showing that during 1880 there was
an increase of $28,822,500. Bills payable, unpaid vouchers,
339

from $932,330 on Dec. 31, 1879, to $1,056,and miscellaneous accounts and current
apolis
409
companies increased from $523,580 to
other
due
balances
Milwaukee via Milton, Madison, JlcGregor and La Crescent,
On the other side of the account there was an
te St. Paul and Minneapolis, 399 miles, but 334 miles counted
$2,005,739.
65
in (1) and (4)
increase in the value of materials on hand from $385,971
Milwaukee via Milton, Madison, McGregor. Calmar and
to $564,715; but materials can hardly bo considered as
tbrougli Iowa to a point 32 miles west of Plankinton, D. T.,
623 miles, but 237 miles included in (4)
points to Marion Junction, and then
to Running Water, 586 miles, but 524 miles included In (4)

&c., increased

497, Dec. 31, 1880,

386

Milwaukee via same
and

Ac, to Rock Val-

Milwaukee

(9)

and then to Sioux City, 533 miles, but 471 miles Included in (4) and (6)
Chicago via Byi'on, Lanark, Savanna, Dubuque, McGregor
and La Crescent, to St. Paul and Minneapolis, 438 miles,
but 205 miles included in (1) and (5)

via Milton, McGregor, Calmar,

ley,

(11)

Chicago via McGregor, Calmar and Fai-mington, to St. Paul
and Minneapolis, 448 miles, all counted in either (4) or (9).
Chicago via McGregor, La Crescent, Hastings and Orton-

(12)

Chicago via McGregor, Calmar, and over Southern Minnesota

(13)

Chicago via McGregor, Calmar, and through Iowa to point

(14)

Chicago via McGregor, Calmar and Marion Junction, to Run-

ville,

to Aberdeen, 688 miles, all counted

T.,

62

233

is

662 miles,

all

payment

rails,

The

in-

which are reported

and valued at $119,217. In last year's report
Miscellaneous
item
as rails on hand appears.
no such
accounts and balances due from agents, &c., show a small
gain, having risen from $580,432 to $780,491, but cash on
at 2,415 tons

hand has been drawn down from $801,694

at the close of

1879 to $382,950 at the close of 1880. No change of any
consequence has taken place in the stock, which stands at
$15,404,261 common and $12,404,483 preferred, together
capital for a

This,

it

company

counted..

ning Water. 625 miles, all counted
(15) Chicago via McGregor, Calmar and Rock Valley, to Sioux
City, 572 mi'es, all counted

of floating Uabilities.

mainly on account of iron

$27,808,744.

to Madison, 576 miles, all counted

32 miles west of Plankinton, D.

available in the

crease
62

(6)

(8)

(10)

At

millions of debt.

future construction

while on the debt?

must be admitted,

Would
by

is

a very small

having 3,800 miles of road and 70
it

not be advisable to pay for

issuing stock, and " let up"

for a

.

April

80, U'81

The

gross

THE CHRONKJLE.

1

earnings

were

increase

owing

samo proportion

the

in

as

the

did not

latter

gross earnings

fact that the percentage of operating ex-

the

to

penses was greater

— 59-lG per cent

is

just

Net earnings comment, and

The

were $5,343,093, against $4,539,024.

There

against

$13,086,118,

$10,012,819 in ISTO, a gain of $3,073,299.

in 1880, against 54-66

The interest charge was $2,837,383 in 1880,
and $2,287,407 in 1879. The reason that the charge was
no heavier is that on many of the new issues of bonds the
interest hal to be paid only in part.
After deducting
from the net earnings the interest here given, and also
$81,000 for sinking fund on consolidated bonds, and
adding on $324,298 for " premiums, interest and other
income," there remained a surplus of $2,749,607 on the
in 1879.

457
one point in these figures that

that relates to the

be observed

will

movement

while the

that

will

bear

of freight.

eastward

It

movement

increased 12 million ton miles, or about 5 per cent, the

westward movement increased more than 91 million ton
That notwithstanding
the good crops there should be an increase of only 5 per
miles, or pretty nearly 66 per cent.

cent in east-bound freight,

needs explanation.

As

west-bound freight,

it

certainly very strange

is

to

and

the extraordinary gain in the

may bo

said that

although,

mo

doubt, the wants of settlers along the company's lines for

kinds of goods from the East have increased,

all

not be at

all

surprising

if

it

would

the larger part of the gain should

be shown to have been on account of supplies carried for

year 1880's operations, equal to a little less than 10 per the construction of new roads, and more especially for the
cent on both common and preferred stock.
Seven per St. Paul's own lines.
cent has been paid oat of this. If we leave out of account

REVENUE LA W UNCERTAINTIES.

the $324,298 received from premiums, &c., the surplus

amount

about 8f per cent. If the company had
had to pay the full interest on the bonds outstanding at
will

to

Some

cases

illustrate the

which have very recently

arisen,

so well

present condition of our revenue arrange-

the close of 1880, the surplus, instead of being $2,749,607,

ments, that a statement of them may be useful.
would have been about $925,000, equal to 7 per cent on
Schedule L of the tarifE assesses upon sundry factures
the preferred, and 1-3 per cent on the common.
But the of woolens and worsted yarns, including knit goods,
a
3,775 miles which the company had at the end of 1880
specific duty of 20 to 50 cents per pound, and also 35 per
were not all operated the entire year. The average was
cent ad valorem
schedule
assesses 35 per cent upon
only 2,923 miles. So the company has 852 miles additional
ready-made clothing and wearing apparel of all descripon which to draw for increased business. Thus far this
tions, including stockings, woven shirts and drawers, and
year, the road has increased its earnings $467,402,
all similar articles made on frames.
Some time ago a
notwithstanding the snow blockade all through the winter.
Department ruling placed stockings under the " knit
Of late weeks, when the embargo on traffic had been to a
goods" covered by schedule L the importers resisted this,
great extent removed and freight held back came forward,
and the suit of Vietor against Collector Arthur recently
the increase in earnings has been about 50 per cent on
reversed the ruling, the Supreme Court deciding

M

;

;

that
Expenses, however, have been very stockings
made on frames fall under the dutiable descripheavy, and as the percentage of expenses to earnings
tion in schedule M.
increased in ISSO, soit is not xmlikely that 1881 will
Last month, a Treasury circular instructed customs oflSlast year's

figures.

witness a further increase.
The following shows the cers to assess duties conformably to this decision, but
as
company's operations for eight years past.
Dividends are is now claimed went beyond the terms of the decision,
given in the year in which, not out of which, they were
and included caps, gloves, leggins, mitts, stockings, woven

—

—

paid.
shirts
Orots
Eurninr/a.

Operating
hxpcnscs.

Hivuleiitts

Ket
Earnings.

Pre/.

Com

and drawers, and

week

raid.

Interest

raid.

A

Treasury to protest,

the

like articles

all

made on

frames.

makers of these goods visited
particularly as to shirts and

ago, a delegation of

woven goods, but
although made on frames, and therefore properly

drawers, which, they claimed, are not
6,594,,560
5,S7i;,X16
5,170,,353
4,053,,324
4,510,,433

4,792 ,313
5,473,,795
7,742,,4£6
*

Bonds.

With

I

2,451 ,563
3,C81 ,901
3,085:,390
3,100 ,847
3,574,,461
3,659,,454
4,539,,024
5,34:S,,69

<

$

CI. r. ct.

1'.

,839,643
1,951,162
1,980,228
2,032,881
2,158,218
2,135,730
2,287,407
2.837.383
1

7

knit,

-1

7

21-2

7

to the traffic statistics,

we

On Tuesday

given March 29.

tions

14 per cent in bonds.

reference

the heavy compound duty under shedulo L.
After listening to them, the Treasury so far yielded as to
issue a third circular, temporarily suspending the instrucsubject to

313
lOia

New Hampshire

presented

in

the

last,

Mr. Blair of

Senate

a

resolu-

find that the

tion
declaring
that
the
public
interest
requires
average rate received per passenger per mile has
decreased
Congress to be convened in public session immediately.
from 2-93 cents to 2-84 cents, but that the rate
per ton per
He explained that the decision above stated will ruin the
mile increased slightly, having been 1-76
cents in 1880 and
hosiery
and knit-goods factories, unless Congress sjieedily
1-72 cents in 1879.
The following will show the passenger
their reli=*f, and he read a letter to this effect
comes
to
and freight movement

since 1873.

Va»8tHtjers Carried

One Mile.
Passenger

Eastward,

1873
1874.
1875.
1876.
1877.
1878.
1879.
1880.

Westward.

Total.

52.252,.5.58

26,797,080 31,4f,3.349 58,260,429
25,860,486 29,020.302
54,880,848
27.659,659 32.186.00ti 59.845,665
27,058,970 28,866,479 55,925,419
30,159,779 35,338,410 65,498,189
35.403,855 42,715,737
78,119,592
50,106,399 61.4.55,520 111,561,919

Earniiigi.

.$1,857,197
1,9.50,069

1.695,336
1,915,974
1,796,213
2.024,154
2,285,852
3.162.898

Tons of Freight Carried One Mile.
Freight

Eastward.

Westward.

Total.

Earnings

1873.
257,638.532
121,369
1874.
198,65(1, s] 8 60,511,430 219,168,248 ?6,
H.162,111
1875.
^13,688,830 58,8.50,672(272, .539,502
5,715,125
1876.
196,603.586 68,204,441 1264,808.027
5,409,045
1877.
196.110,119 75,488,014 27 l..'i98, 133
5,662,629
1878.
223,725,68
98.093,217 321.818,902
5,783.366
1879.
263,474,521 138;i2i;213i40i;595;734
6,897,828
1880. i-i<.>,016,731l229.829.423!.504.8761.54
8.890,457

Rate per
Passrnger
per Mile.
3-58 cents
3-35 conts
309 cents
3-20 cents
3'21 cents
3()9 cents
2 93 cents
2-81 cents

Hate per

Ton
per Mile.
2-50 cents
2-38 cents

2-10 cents
04 cents
2-08 cents
1-80 cents
1-72 cents
1-76 cents

from a firm of stocking makers in the town of Laconia, N. H.
Next in order appear the makers of iron cotton-ties,
complaining to the Treasury that, in order to evade the
specific duty of 1^ cents per pound assessed by schedule E
upon hoops and band iron of the specified thickness,
English makers put a single rivet through one lap of the
tie

;

thus, as alleged, the ties

come

in as

manufactures of

iron not otherwise provided for, at 35 per cent ad valorem,

amounting to half a cent per pound. The complainants
urged that there is no practical advantage in a cotton tie
with a rivet at one end, over the old plain lap, and argued
that

if

discriminations like these are permitted the iron

business of this country

importer of cotton

is

ties,

the South needs cheap

ruined.

from

ties.

New

On

the other hand, an

Orleans, argued that

;

..

THE CHRONICLE.

458
•our complicated tarifi

For the
month of

which

illustration of the mischief

These cases are an apt

xxxu.

fVoL.

For the9 nios
ended Mar.

March.

works, and of the debilitating efEect

For

the

12

mos. ended

March

31.

31,

,.
$76,438,396 $618,806,334 $767,900,750
which too much pampering exerts upon industry. The 1880.- Exports—Domestic
Foreign ...
912.131
8,472,985
11,170,792
that
stated,
vaguely
inconsistent,
and
$77,3.30,347 $627,279,339 .$779,071,542
mixed,
Total
are
so
duties
711,886.361
Imports
58 1,599,646
468,197,01
the real meaning of almost every paragraph admits of Excess of exports over imports $6,463,986 $139,082,291 .$194,471,896
over
exports
Excess
imports
of
question.
The result is that rulings and decisions are
(lOLD AND SILTEK— COIN AND UTM-IOX.
issued by the Department from time to time, as well as
1881 .—Exports—Dom .— Gold
$160,336
$1,097,536
$1,285,608
bilver..
1,205,459
8,174,271
9,463,938
made by subordinate customs officers. Practically, the
Foreign— Gold
147.957
696,935
45C
Silver..
163,001
3,486.372
4,836,564
Treasury Department, for the time being, and customs
Total
$1,529,246 $12,906,136
officers in their own circle, make laws, which are by no
Imports— Gold
$7,169,564 $83,041,137
Silver
805,07"
8.488.359
means always reasonable and just pursuant to the time$7,974.64-,: $91,529,696
Total
honored precedents, the rule is, as expressed by one of Excess of Imports over exports $6,445,396 $78,623,560
Excess of exports over imports
these iron complainants, that " where an honest doubt is
$74,665
$1,536,967
$3, 601,278
" involved it is proper for the Department to decide in 1880.— Exports—Dom.— Gold.
Silver..
265.251
6,283,187
11, 202,170
Foreign— Gold
1,092.014
1,315,008
1, 518,070
" favor of Americans in preference to foreigners." How
Silver.
577,212
4,580.848
& 549.3.52
Total
arbitrarily and harshly this law-making by interpretation
$2,009,142 $13,766,010 $22, 870,870
Imports— Gold
$892,180 $79,820,112 $80, 319,569
•works, importers have learned by experience.
1,223,252
9,517,080
Silver
13 ,324.947
.

;

The phraseology

quoted

Just

also

is

suggestive of the

narrow idea this over-protection begets as to the character
of labor to be considered. Americans are always to have
This involves the fallacy that

preference over foreigners.

the foreign producer, and not the

the tax

;

home consumer, pays

but what Americans are to have this preference

The maker of
foreign ties

cotton ties wants

to

?

be protected against

the cotton grower and cotton manufacturer

;

cheap ties.
The rolling-mills want protection
•everybody else wants cheap rails, cheap tools and ma-

want

and cheap iron generally.
So we might go
through the list, finding that the home producer is up in

chinery,

arms against any relaxation
wants cheap
assertion

— or

selfishness

—

consumer

of duty, while the

There

articles of all sorts.

in

seeking

Upon what grounds

is

one portion of American

labor entitled to special consideration in the
rather than another

Nobody can venture

?

tax

laws,

and

all

agriculture, are industry

When

the right of

.speeches

;

how

and

is it

more sacred than another ?
" American labor " is talked of in

that labor in one department

it

appears that

special interests are meant.

l)y

31,

The following U a statemenf showing, by

Customs
Baltimore,

Imports.

Districts.

Md

Brunswick, Ga
N,

Bufl'alo Creek,

Chaiuplain, N.

Y

,....

Y

Mich

Detroit.

Huron, Mich

Alabama

London, Conn

xVorfolk, &c.,

Va

Oawegatcliie, N.

-

Y

Pa

.

Me

San Francisco, Cal
Savanuali.
Teclie

Ga

La

Wilhiraotte.

Oregon

Wiiniiugtou, N. C......

Domestic

Foreign

Exports.

Exports.

.

$1,287,393 $7,395,182
5,681,279
7,415,937
250.190
174,305
151,290
1,377
12,240
299,353
230,989
186,809
85,244
2,582,334
118.781
65,052
189.083
197.921
60.595
2,538
233,126
3,376,040
260,172
691.211
15,147
35,270
29,201
106.833
8,258
1,043,702
101,196
55,989
"2i',673
1,100,419 10.003,601
42,106.508 34,566,421
493
312,992
1,299,862
6,099
117,5-13
28,123
33,273
66,965
53,003
"S'.sb'i
334.889
4,273,518
3,551.939
623,430
191,931
204.555
"is'.iiE)
32.681
2,931,357
3,377,719
69,234
3,921,117
413
104,297
93.322
567,838
202,540
36,023
27,057
415,992
199,640
171,336

$876
137,828
213,440

231
7,099
31,541
2.333

18,296
1,805,202
1,696

16

7,962

30,344
61,498

'

'4.878

$60,701,361 $82,740,629 $2,325,490

Total

l^0ttetara5®ammevctaX gixgltsit ^tvas
1

From our own correspondent.
London, Saturday, April
1

16, 1881.

Gold has continued in demand for export to the United
States, and the money market, though far from active, on
account of the limited mercantile inquiry, has been firm in tone,
while the rates of discount have exhibited an improving tendency. It is premature, as yet, to think of an advance in the
Bank rate, as the open market rates for money are still about
but in
half per cent below the Bank's published quotation
;

many quarters it is regarded

MERCHANDISE.

March.

Mol>ilc,

Richmond Va

(Corrected to April 23, 1881.1

For the

Minnesota, Miiin

Portland, &c..

:

month of

principal customs

the values of morahandise imported into and exported
from the United States during the month of March, 1881:

districts,

Pliiladohibia

1881.

the Bureau of Statistics.]

The excess of exports of merchandise, stated in specie
values, was as follows
Month enOefl March 31, 1881
$31,304,558
Month ended March 31. 1880
6.4ri3.9Sfi
Nine mouths ended March 31, 1881
234.844.278
Nine months ended March 31, 1880
139.0?2.2:il
Twelve mouths ended March 31, 1881
243,443,899
Twelve mouths ended March 31, 1880
194.471.896
The excess of imports of gold and silver coin and bullion was
a-s follows:
Month ended March 31, 1881
$6,443,396
Month ended M:irch 31, 1880
106.290
Nine mouths euded March 31, 1881
78,623,560
Nine mouths ended March 31, 1880
75,571,182
Twelve months euded March 31, 1881
78.943.769
Twelve months ended March 31, 1S80
70.773,646
The total values of imports and of domestic and foreign
«iports for the month of March, 1881, and for the nine and
twelve months ended March, 1881 and 1880. respectively, are
presented in the following tables, all in specie values:

1881.- -Exports—Domestic

$76,778,312 $626,676,508 $782,704,199
2,581.377
14,368,841
19.238,214
$79.339. '.HH $641,045,349!$801,942,412
73.iiiil.99i
357.534.240 678,244,162
Imports
Excess of exports over imports
8,337.1.96 $i3,511,10>J $123,698,250
Excess of imports over ex!M'rr,s
.. ..

Foreign

Total

Orleans, La
York, N.Y
Nia-ara, N.Y

Below is given the ninth monthly statement for the fiscal
year 1880-81 of the imports and exports of the United States.

,

1880.— Exports—Domestic

sundry New
New
New

IMPORTS AND EXPORTS FOR MARCH, AND
FOR NINE AND TWELVE MONTHS ENDED

MARCH

$84,106,421 $699,839,485 $900 ,457.223
2,488,941
16,964.337
22, ,082,847
$86,595,365 $716,803,84v; $928, 54'»,070
Total
68.676.203 560,583,124 784, 037,940
Imports
Excess of exports over imports $17,919,162 136,220,71*! $161,.502,130
Excess of impoi-ts over exports

Foreign

is

and party platforms,

[Prepared

70. 773,646

deny that

to

cotton growing, wool growing, producing raw materials
generally,

$93, 644,316

to

secure by interpretation personal advantage under the
law.

$89,337,191!

106,290
73,57i',i82
TOTAL MBRCHANDI8E, COIN AND BULLION.

$2,113,432
$.

1881.—Exports— Domestic

a narrow self-

is

continual

this

Total
Excess of exports over imports
Excess of imports over exports

as probable that before very long a

The export demand for gold has
wi'l have to be made.
not at present assumed proportions calculated to occasion any
alarm ; but the movement at this period of the year is unusual,
and for that reason attracts more than ordinary attention. As
far as the London money market is concerned, our position is
change

For the 9 niOB
ended Mar.

For the 12
mos. ended

March

31.

31.

$82,740,629 $69O.567,678;$895,707,677
Foreign ..
16,319.348
2,325.490
13,330.028
Total
$85,066,119 $703,897,700;$912,237,0i3
Imports
60,701,561 469,053.428 66-^,811.1 26
Excess of exports over imports $24,364,55:* $234,844,278 $243,445,899
Excess of imports over exports!
.

.

1

not so satisfactory as it was. A few weeks ago we were drawing, day by day, supplies of gold from Paris, and these mads

good the deficiency caused by the American demand.

During

I

I

—

April

:

.

THE CHRONICLK

80. 188t.J

foreign
the last fortnight, however, Paris has been a seller of
and
exchange,
the
correct
to
safBcient
extent
ecurities to an
conseciuently the supply of gold held by the Bank of England
has been decreasing. The quantity of gold on passage to this
country is larger than for some time past, being estimated at
about £600,000. The supply held by the Bank of Kngland.

459

by doing so we should commit ourselves to

considers that

We are not likely to change our present system,

bi-metallism.

many advantages have accrued to the nation from it, and
England is naturally very indisposed to alter a system which
has for a long period worked so well.
as

The following are the current

it has fallen off of late, amounts
contrasts with £28,283,387 last year. The position of the Bank
that, instead of
ia still a good one ; but it seems to be possible

pal foreign centres

improving during the spring and summer months, its course
our
will be a retrograde one, and that we shall re-commence
autumn trade with a higher range in the value of money. A
period of some importance seems to be at length approaching

Paris

but the crop prospects in Europe are so
continues to promote confidence in the
this
fact
far good, and
future. The Bank of France is still unwilling to augment its
terms for discount accommodation but the first indications of
a rise in the rates for accommodation will probably present

Vienna

to £'26,226,075, which

though

in the

money market

;

;

themselvsj in Paris, and that market is therefore somewhat
anxiously watched. The public of this country have already
committed themselves to heavy instalments in connection with
public companies and loans. The total capital of the companies
introduced this year amounts to more than £30,000,000, and
new undertakings are almost daily being introduced to public
notice.
£10,000,000 a month is a heavy responsibility, and it is
said that investors are already feeling the burden of the " calls"
which are being made upon them. There is, however, a large

..

rates of discount at the princi-

Bank

Open

Bank

OpiK

rate.

•market.

rale.

market.

Pr.el.
3>a

I-r. et.

Pr.et.

Pr.tL
6
4

2<lt

3>9

3

4
4

Berlin
Fniiikfort

St.

3>e

3

2>a

2i«
31a

5
5

4
5

3i3«4

Copcuhagun
New York

2*11

4

4ia

Madrid, Cadiz &
Barcelona
Lisbon & Oiwrto.

4

HamburK

Petersburg...

Geneva

3>S
S»tt

Calcutta

There has been some anxiety this week regarding political
and the Paris Bourse has been somewhat agitated but
both the Tunisian and the Turco-Greek questions present now
a more favorable aspect, and hopes are entertained that before
very long the business of the country will be unencumbered by
Should we have a good harvest, the
political diflSculties.
prospects for next autumn will be encouraging, and there is no
reason why business generally should not make a vigoron»

affairs,

;

movement.
The weather

It is much warmer, but
is still favorable.
there has not been the fall of rain which the nev;ly-sown crop*
appear to require. The railway traffic returns are improving,
and in last week's receipts there was a small increase compared with 1880. The Easter traffic is certain to be very large,
as a long period has elapsed since the last holidays, and the

amount of financial business in progress, and these are clearly
having considerable influence over the money market. Money
is, indeed, cheap
but a few weeks ago it promised to be weather is all that could be desired for recreation. The value
cheaper still. The downward movement which was then appar- of Biitish railway shares is, therefore, improving, and consols
ent has not only been checked, but the rates of discount are have been as high as 100% to 100%. The stock markets are. Id
showing increasing firmness and it would occasion no surprise fact, generally better, with a prospect of further improvement.
if the discrepancy of half per cent which exists between the
In the corn markets business has been quiet. British farmers
open market and the Bank rates were to disappear before long. have been offering very moderate supplies, but the condition of
The trade demand for money is still very moderate, and the the produce remains satisfactory. The favorable weather has
quietness of mercantile business produces no expectation of any imparted rather a dull tone, but prices have not fallen to any
immediate improvement. The total of "other secuiities" has important extent.
The quotations will, no doubt, decline,
fallen to £20,662,272, which is only £2,000,000 more than at this should the crop prospects continue good.
period last year, and which is due chiefly, if not entirely, to loans
During the week ended April 9 the sales of home-grown
on Stock Exchange securities. The total reserve of the Bank produce in the 150 principal markets of England and Wales
is now £14,.^18,895, which compares with £15,967,962 in 1880,
amounted to 30,433 quarters, against 24,643 quarters last year
;

;

and £19,091,514

The proportion

and 62,939 quarters in 1879 while it is computed that they
were in th« whole kingdom 121.750 quarters, against 98,600
quarters in 1880 and 211,750 quarters in 1879. Since harvest
ihe sales in the 150 principal markets have been 1,199,570
quarters, against 988,528 quarters last season and 1,757,711
1879. The following are the present quotations for money
quarters in 1878-9, the estimate for the whole kingdom being
Per cent.
4,798,300 quarters, against 3,990,250 quarters and 7,031,000
Per cent. Open market rates—
2i2®2'9
4 mouths' bank bills
Bank rate
3
quarters in the two previous seasons respectively. Without
258»2% reckoning the supplies furnished ex-granary at the commence6 nioutlis' bank bills
Open-market rat«s
4 & U moutliu' trade bills.
®3^
30 and 60 days' bills
238a2>a
ment of the season, it is estimated that the following quan3 moutiis' bills
'ZH
tities of wheat and flour have been placed on the British
The rates of interest allowed by the joint-stock banks and markets since harvest; the visible supply of wheat in thein 1879.

of reserve to liabilities

;

has declined to 43 '64 per cent. The Clearing-House returns
are still heavy, the total for the week ended Wednesday being
£144,150,000, against £96,937,000 last year and £64,680,000 in
:

1

;i

I

discount houses for deposits are as follows

Fer cent.
Joint-Stock banks
Discount houses at call
with 7 or 11 da>'8' notion
do

2
214
2>4

Annexed is a statement showing the present position of the
Bank of England, the Bank rate of discount, the price of consols,

the average quotation for Eaglish wheat, the price of

middling upland cotton, of No. 40 mule twist, fair second
quality, and the Bankers' Clearing House return, compared
with the three previous years.
1881.
Circul,ition,

bank post
Piililii-

excluding
V)ills

depo.Hita

Other dipoKits
Goverum't securities.
Other securities
Res"ve of notes & com.
Coin and bullion in

I8SO.

1879.

26,707,180

27,315,425

7,0,54,746

(i,208,02C

29,424.725
6,545,999

25,949,939
15,739,837

1878.

s,

26,a 4,381

31,824,5,54

20. 602, '272

15,047,079
18,607,495

14,318,895

1.1,967,962

14,906,801
22,334,573
19,091,514

28,079,25.5

7,241,867
22,359,140
16,536,488
21,151,089
9,846,189

both dep.irtments
26,226,075 28,283,387 33,516,239 22,925,444
Proportion of assets
to liabilities
49-41
43-64
48-55
32-93
Bank rate
3 p. c.
2 p. 0.
3 p. c.
3 p. c.
Consols
9818
lOOSg
99
95%
Eng. wheat, av. price.
483. 2d.
5l8. .5d.
448. 4d.
41s. Od.
Mid. Upland cotton...
Od.
Cd.
7d.
638d.
No. 40 Mule twist...
9d.
lOd.
lOa.
Is. 0>sd.
Clear'g-house return. 141, 150,000 9G,9j7,000 61,680.000 109,487,000
.

The

United States

is

also given

:

29,084.805
5,316,056

36,49'8,680

....20,792,550

17,291,000

30,467,500

24,329,000

63,784,907

66,119.816

Imports of wheat. cwt. 34,858,965
8,133,392
Imports of flour
Sales

of

1878-9.

1879-80.
38.355,361
6,706,567

1880-1.

5,592,136

home-grown

produce

62,352,923

05,468, JOl

885,918

947,293

1,236,521

1,243,811

6-2,890,959
Result
iv'ge price of English
423. 8d.
wlieirtfor season (qr.)

61,403,632

64,331,810

65,175,975-

Total

exports
Deduct
wheat and flour

of

Visible supply of wheat
in the U. 3.... bush. 2 1,800,000

403.

463. 10.1,

23,938,360

_ ^

523. 8d.

4.1.
, ,

.

13,187,114

The following return shows the extent of the imports of
cereal produce into, and the exports from, the United Kingdom
during the first thirty-three weeks of the season, compared with
the corresponding period in the three previous seasons
:

IMPOR-rS.

Wheat

cwt.34,«58,965

Barley
Oats
Peas

1,014
5,635,506
1,445,472

1879-30.
38,355,361
10,546,479
5,508,850
1,375,482

1,450,0.36

1,6.59,019

1880-81.
8, .52

Beans
Indian com.
Plour
Wlieat

....
.

...19,088,077 15.079,-287
6,706,567
8,133,392
KXPOR-rs.

cwt.

803,183

830,311

1878-79.
29,684,8f<5

1877-78.
36,498,680-

7,413,989
6,571,218
971,713
770,311
19,327,939
5,316,050

9,163,737
6,912,519
1.118,864
2,276,643
19,295,913
5,592,136

1,145,272

1,203,312

37,620
10.451
90,349
market has prfsented a somewat firmer appear- Barley
43,194
59,'i'23
08.030
23,264
406.771
....
ance, and the quotations have slightly improved. There has Data
12,122
84.723
15,862
«i.524
...
Poas
20,404
7,025
15,836
26,195
also been an advance in the Indian exchanges. The Monetary Beans'.;;!';
505,405
146,815
290,814
18.),<>1J
Indian com
Convention to be held in Paris ha.s been postponed, as the Govern- Plour
40,52991,249
90,985
8-.!,765
ment of this country is being strongly urged to send a representCable.
8nzll«li OTarHet l*oi»ort»— Per
ative to it
the silver que.stion being one of great importance
The daily closing quotations for securities, &c., at London,
to our trade with all silver-using countries. The Government
and for breadstuff^ and provisions at Liverpool, are reported
has not shown much willingness to join the conference, as it by cable as follows for the week ending April 29:
silver

;

.

THE CHRONICLE.

460
Londmi.

Mon.

Sat.

Wed.

Tiies.

Tim IS.

Fri.

52i«
52%
52
52
1015,8 1017,8 1017,6 1017,8 1018,8
Consols for money
10138
IOII2
101% 101=8
Consols for account
1011a
33-47ia 83-55
Fr'ch rentes (In Paris) fr. 8300 83-37ifl 83-47
10418
IO413
104 14
1041a
104%
U. S. 5s of 1881
116% 116% 116% 116% 11634
TJ. 8. 4>2S0f 1891
118i«
llBij
II8I4
118%
XJ. S. 48 of 1907
1181a
4713
4778
4768
4734
Erie, common stock
47%
141
141
13934
Illinois Central
139% 140%
7112
71=8
71=8
Pennsylvania
72
71%
29 14
2914
FtiUa4elpliia & Heading. 30I4
2938
29
148% 147% I48I4 147% 148%
Hew York Central
Silyer,

peroz

d.

Liverpool.

Mon.

Sat.

Flour (ex. State). 100 lb. 12
'
Wheat, No. 1, wh.
9
Cal. whit©

Com, raix.,W.new

"
"
"

"

Pork, West, mess . # bbl
Bacon, long clear, c\rt..
Beef, pr. mesa, new, ^ to.
Lard, prime West. ^ cwt.
Cheese. Am. choice "
.

Wed.

Tues.

a.

8.

Spring, No. 2...
Winter, West. ,n.

52

.5218

9

9
9

7
9
4

6
9 7
9 8
9 4

5

4

3

7

9

60
43
75
37
69

66
43
75
57
69

6
9

National Banks Orqasized.
bank was organized this week

66
6

O

70

—The

83. ,15

101%
117 14

11S%
49
'71 "4

27%
149

d.

«.

d.

12

9

9
9
9

6

12
9

9
6
7

8

9

8

9

4

9

4

3%

5

3%

7

5
66

O

43

6

75
37

O
3

70

Fri.

Thttra.

s.

9

3%

101 II 18
10134

—Messrs. Geo.

66
43
75
37 9
70

73
37
70

9

following-named national

2,521— The state National Bank

of El Paso, Texas. Authorized capital,
Charles E. Moroliead,
$35,000; paid-in cnpiral. $55,000.
President William H. Austin, Cashier.
;

—

Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show
a, decrease in dry goods and an increase in general merchandise.
The total imports were $8,540,411, against $6,655,231 the preceding week and -$5,919,287 two weeks previous. The exports
for the week ended April 28 amounted to $6,532,692, against
$6,520,451 last week and $7,163,237 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) April 21 and for the week ending (for general
merchandise) April 23.: also totals since January 1:

NEW TORK.

For Week.

1878.

I>ry Goods
Gen'lmer'dlse..

Total
Since Jan.

1879.

1880.

1881.

$1,148,496
5,183,333

$1,785,385
5,687,716

$2,302,469
8,606,373

*!. 843.060

$6,331,849

$7,473,101

$10,908,842

$8,340,411

$30,934,558
66,060,403

$33,233,743
69.334,706

$47,628,003
117,523.963

$39,944,201
90,181,150

6,694,751

1.

Dry Goods
Gen'lmer'dlse..

$96,994,963 $102,838,431 $163,134,026 *130.1'.i5,331

Total

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending April 26, and from January 1 to date:
EXPORTS FROM NEW YORK FOB
1878.

For the week...
Prev. reported..

TIIR

1879.

«3,945.499
107,557,456

$6,930,903
96,480,289

1881.

.-{8,100,9.54

106,094,123

Wm.

& Co. offer in New York $1,500,mortgage bonds of the Mutual Union

Baliou

first

Telegraph Company. The company has constructed a line of
six wires from Boston to Washington, D. C, and now proposes
to extend its wires to all the principal cities from New York and
Boston— via Albany andBuffalo—to Chicago, St. Paul, Cincinnati,
St. Louis, &c.
Of the total issue of $5,000,000 of bonds, only
$1,500,000 is offered here, and the balance is to be taken in
Boston and the We.st. A bonus of $10,000 stock is given with each
$10,000 bonds. The enormous profits of the Western Union
will induce capitalists to look favorably en these securities.
Messrs. Kuhn, Loeb & Co. now offer one of the most prominent loans of the current year, namely, the $20,000,000 4^ per
cent gold loan of the Pennsylvania Company. Only $10,000,000 are now offered, and each bond has endorsed thereon the
absolute guaranty of the Pennsylvania Railroad Company for
principal and interest. The bonds are secured by the leases of
the Pittsburg Fort Wayne & Chicago and the Cleveland &
Pittsburg railroads, and also by the company's real estate in
the cities of Pittsburg, Allegheny and Chicago, and by stocks
and bonds amounting to $24,000,000 (par value;, held by the
company. The price is 100,^ and accrued interest.

—

—In an

and Hatch, the bankers
Road, announce an advance in the
purchase money funding bonds to 112, and the series A bonds
to 105 and accrued interest.
In connection with this, they state
that the Elizabothtown & Paducah and the Paducah Memphis
& Northern roads have been purchased in the interest of the
Chesapeake & Ohio system, which, in connection with other
roads, and with lines now building, will, on the completion of
those lines, place the system in direct communication with
Chicago, St. Louis, Cincinnati, Louisville, Memphis, and other
important railway centres.
As will be seen from"our advertising columns, the wellknown firm of R. M. Waters & Co. dissolve partnership on the
The business of the firm is, however, to be con1st of May.
official circular,

of the Che.sapeake

Messrs. Fisk

& Ohio

—

tinued at 54 Broad Street by their successors, Messrs. John C.
Graham & Co., of Selma, Alabama. The large means and extended Southern connections of Messrs. Graham & Co. will undoubtedly command at once for the new firm a very flourishing
business.

WEEK.

1830.

$0,532,092
121,315,368

Total s'ce Jan. 1 $113,502,955 $103,437,192 $114,291,077 $127.848,060

The following table shows the exports and imports of specie
at the port of New York for the week ending April 23 and since
January 1, 1881:
EXPORTS AND IMPORTS OP SPESIE AT NEW YORK.

—The stockholders of the Rochester & Pittsburg Railroad
Company will take notice of the proposal of the board of
our advertising columns, to increase the capital
stock from three millions to four millions of dollars, to be voted
on on May 18, 1881, in this city. If this proposition is adopted,
the option to take a proportionate share of the stock will expire

directors, in

May

25, 1881.

BANKING AND FINANCIAL.
OFFICE OF FISK & HATCH,

Fxporls.

Imports.

Gold.

Week.

Great Britain
France
Germ.any

West Indies
Mexico
South America

24,200

All other countries

Total 1881.
Total 1880.
Total 1879.

$24,200
35,700
6,085

Since Jan.

1

Week.

$4,260 $1,512,463 $19,316,775
872.360
2613,220
319,707
3,754,065
201,765
4,310
2,000
136,586
165,471
133.810
3,884
476
100,076
19,600

$161,070 $2,713,200 $26,287,958
12,279
1.208,578
1,548,596
517,723
227,797
17,040

New York,

GOVEK\ME>T
We give

$100,000

Total 1881.
Total 1880.
Total 1879-

$100,000
11,580
217,791

22,850
107,657
10,204

13.330
29,431

24,337
18,446

4.400
1,700

60,389
255,018
630,761
51,843
1,7?0

$3,700,969
1,663,278
6.375.101

$30,881
133,423
68,460

$1,086,417
1,796,858
2,941.555

called to the list of

May

)

5

BO.VDS.
1831"

to

the Treasury Department " for continuance " for account of holders.

And also

to

the conversion of Coupon Government Bonds of

which

is

all Issues

the only form in which investors can

$36,633

1,517,475

Of the above imports for the week in 1881, $2,774 were
American gold coin and $45,081 American silver coin. Of the
exports for the same time, $24,200 were American gold coin.
investments offered
by Mr. Charles T. Win^r in our advertising columns to-day. Mr.
Wing is among the most enterprising dealers in Wall Street,
and what he oflfei-s to the public usually meets with a ready
sale to good buyers.
is

St.,

April 21, 1881.

special attention to the forwarding of "Sixes of

Into ReKlstored Bonds,
,

Ail other countries.

— Attention

No. 5 Nassau

Sine^iJan.l

Silver.

Great Britain
France
German.v
West Indies
Mexico
South America

XXXn.

GtJLF Colorado & Santa Fe.—The attention of investors and
others is invited to the financial statement, on another page, of
the Gulf Colorado & Santa Fe Railroad of the State of Texas,
the bonds of same having been lately placed on the List of the
New York Stock Exchange. This road commences at Galveston
on the Gulf Coast, and runs in a northwesterly direction toward Santa Fe, New Mexico, traversing the vallevs of the
Brazos and Colorado rivers, one of the most fertile sections of
this rich State. The G. C. & S. F. RR. was projected and built
by the bankers and merchants of Galveston, Texas. It has only
$6,000 stock per mile, all of which has been paid in full, and has
a first mortgage gold bond of $13,000 per mile, bearing 7 per
cent interest, payable semi-annually in New York, the bonds
maturing in July, 1909. As will (be seen bv the statement, the
road has shown large earning capacity, and after payment of
interest, &c., presents a handsome surplus.

000 of the 6 per cent

:

FORKION IMPORTS AT

[Vol.

render their bonds perfectly safe from theft,

We

fire

or loss.

attend to cither of the above for a commission of one-eighth of

one per cent.
Holders of " Sixes of 1881 " not desiring to " continue " their bonds,

can exchange them at our

market

office for "

Fours " or " Four and a Halts "^t

rates.

We are

also prepared to f umi»h the

new Three and a Half Per Cent

" continued bonds " atmirket rates to parties de-siring to

Investment in them.

make direct

FISK & HATCH.

:

Aran,

—

:

THE OHRONICLK

30, 1881.]

461
J)ee.a\,\8»0. ITar. n. 1881.
LOO.-S.! 38.071
033,392.436
7,381,119
7,724,638
3,«39.324
3,172,473
102,391,.'51ll
181,677,285
71,099,880
71,573.477
2,616,203
3.331,411
4,032,176
4,581,231

Liabililies.
Tiidivitlual deposits
HtiUi-H ilcpoHlts

Slue IS^^J^£?1^^55?*{5:

United

lJepo»it» of U. H. iliHliursineunicors.
Due to other national hankA

Tke folio wlmt dividends have

Name of Company.
Atclileon

I

Railroad*.
Top. & SaiiU Fe

Per

Whtn

cent.

Payable.

(quar.).

Coueord
£aet 'J'enn. Vir^iulu <k Ga
Hanohester & Lawrcuco
K. Y. frov. <fe B. (dtou'gt'n), quar.

Banks.

American Exc1iud;^o

5

3
5

2
3>a

10

If ational City

Hat. Mechanics' Banking Ags'n.
Union National

..

3
5

Dno toStat«

liaiikM and bankers
NoteH and bills rudiscoun ted
Bills payable

aunonnced

rocentl v been

May
May
May
May

May
May
May
May

Books Closed.
(Days inclusive.)

Total

$2,238,398,640 $2,140,110,944

United states Bonds.— There has been the same active bnsi16 May
5 to May 17
ness this week in changing off one class of bonds for another,
April 21 to
and the dealera have been crowded with orders ever since the
April 23 to
Secretary's plan of operation.s was Issued.
4 and 4^ per
May 2 to May 10 cents have risen still further in price, and theThe
new 3)^ per cents,
"
Windoms," are selling at about 101, and draw
April 23 to April 30 popularly called
no intere.st till July 1.
April 23 to April 30
4pril 27 to April 30

The following

the text of the circular of the Treasttry

is

Department relative to the modification of circular No. 42 in
FllIDAY. APItll. ag, 18hl-3 P. M.
reference to the extension of 6 per cent bonds at B)^ per cent
The Money Market and Financial Situation. Financial per annum:
affairs have been quiet since our last report, and few weeks of the
So much of circular No. 42, dated April 11, 1881, as requires the
current year have developed less that was radically new than the bonds to be sent to the Secretary of the Treasury, in case they are to be
•week just passed. The Banks of England and France are show- continued, is hereby so luoditiod that foreign holders of any of the 6 per
continued as therela
ing an increase in specie, and it is generally conceded that the centum bonds describeil tliirein may have them
provided, upon the rccdiit of the bontts at the (iovcrumcnt agency estab-

—

present outlook indicates a probable cessation in the .shipments
of specie to this country for the next month or two. The Bank
of England has reduced its discount rate to 2^ per cent.
The plan of Secretary Windom is working quietly, and one of
the most prominent Government bond dealers thinks that 85 per
cent of the sixes of 1881 will be presented to be stamped at S}^
per cent; this, however, is only an opinion, and we shall wait for
official information from the Treasury in May before coming to
definite conclusions as to the amount of boncLs to be presented.
The money market is working very easily, and on Government bond collaterals an abundance is offered at 3 per cent. On

lished for that purpose at the bunking house of Messrs. Morton, Rose A
Co., Bartholomew Lane, London, E. C., England, and the li:iic durine
which the bonds may be received at that agency for such continnnnce is
hereby extended to May 20, 1881. In case the bonds are presented at
the London agency the forms ol request for their continuance must be

The

Interest

reg.
68, 1881
coup.
6s, 1881
reg.
58, 1881
coup.
58, 1881
4is8, 1891
reg.
eoup.
4kHB. 1891
reg.
4b, 1907
4s, 1907
., coup.
6e, our'ey, 1895.. reg.
6s, cnr'ey, 1896.. reg.
6s, cur'oy, 1897. .reg.
6s, cur'cy, 1898.. reg.
68, cnr'ey, 1899. .reg.
• Tills Is the price bid at the

cent.

The Hjink of England statement on Thursday showed a gain for
the week of £120,000 inTspecie, and the percentage of reserve
was 49 5-ia per cent, agamst 4S% per cent last week the
discount rate was reduced from 3 per cent to 2/2 per cent. The
Bank of France gained 3,950,000 francs gold and 7,300,000 francs
;

silver in the

The

week.
statement of the

Xew York

City Clearing-House
banks. Issued April 23, showed an increase in the surplus above
legal reserve of .$4,013,175, the total surplus being $8,059,150,
against 554,045,175 the previous week.
The following table shows the changes from the previous week
and a comparison with the two preceaing years
la.st

Differ'nces fr'm

previous week.

1880.
April 24.

1879.
April 26.

Lioansanddls. $305,717,600 Dec. $065,800 P278.8S6.200 $231,096,900
8{)ecle
66,804.200 Inc. 3,031,900
48.933,600
18,228,100
Cireulatlon...
17,217,400 Inc.
337,200
20,012.800
19,707,600
Net deposits
292,653,000;lnc 3,831.000 248,890,700 204,514,200
liCgal tenders.
14,418,200 Inc.
939,600
15,432,100
45,224,500
.

Legal reserve.
Beserve held.

$73,163,2.'50Inc. $957,975
81,222,400, luo. 4,974,500

$62,224,175
64,415,700

$51,128,550
63,452,600

$3,059.1501 luc .$4,010,525

$2,191,525

$12,324,050

Surplus

The following

is

an abstract of reports made to the Comp-

Currency, showing the condition of the national
States, including national gold banks, at
the close of business on March 11, 1881, and Dec. 31, 1880

troller

of

tlie

banks of the United

^&

Pesonrccs.

Ovenlrafti
United States bonds to secure circulation
United States bonds to secure deposits..
United Stiites bond.s on hand
Otlier stocks, bonds and mortgages
Due from apiirovcd reserve af-'cnts
Due from other national banks... 1
Due fi-oin State banks and bankers
Keal csUite, furniture and fixtures
Cun-e.ut expenses and taxes paid

Premiums paid

Cheeks and other

ca.sh items
Exchan^'cs tor Clearing House
Bills of other national banks
Fractiomd currency

Gold coin
Gold certitlcatcs
Gold clearing-house

J)ee. 31, 1830.- 3for. 11,1381.
$1,06.5,749,056 $1,069,660,001

4,103,480
357,592,550
14.239,300
24,993,900
48,445,647
126,058,473
69,061,351
17,034,578
47,774,229
4,427,200
3,180,837
14,711,4.56
229.733,.104
21,.500,853

389.921
55,369,543
7,557,200
36,053,000
5,937,525

4.120,748
3.39,801,950

14,851,500
46,530.650
4i».(!25,0.t4

120,349,907
02,207,993
17,030,508
47,440,790
7,810,930
3,530,516
10.144,682
147,761,543
17,733,032
386,569
53,910,405
5,523.400
33,401,000
6,250.370
1,004,900
52,156,439

^IS^

28.

•la.

!i5.

•103% •103% T03'%
•103511*103% •103%
lOl^'lOl^ noi5«
102'si 102'.) •102%

"103% -103* •103%
103''8*103% •103%

101 •'•s* 101!% •lOlig
102%'*102''8 •102%
•II414
*113»6*113%!m3% •113-%!>114 •II4J4
11518 11514 1153a -IISH! 116
115
-115
llRifl 11514 115=13 115^8 11616
131 •131 •131 •131 •131
•131
•131
•131 •131 •131
>131ia •131
•131
•131 •131 •131
•132 •131

-11358*113341*113% •113%*114

•131 •132 •132 •132
•132
•131 •133 •132 •132 •132
morning board no sale was made.
'133
136

;

each

in prices since Jan. 1, 1881, and the amount of
class of bonds outstanding April 1, 1881, were as follows:

Range

Amount April

since Jan. 1, 1881.

Lowest.
6s, 1881. ...cp. 101% Jan.
58, 1881. ...cp. IOOI4 Feb.
4I38, 1891..CP. llligMar.

Highest.

3
24
10
3
48, 1907.... cp. 11238 Jan.
68.cnr'noy.reg. 127% Feb. 28

Kegistered.

10373 Apr. 27 $154,181,100
1 02^8 Apr. 16
320,350,000
113 Feb. 19 177,322,400
II6I9 Apr. 29 5o0,957,7<)0
136 Apr. 23
64.023,512

1,

1881.

Coupon.
$-11,509,300

137,234,850
72,177,600
201,614,150

—

State and Railroad Bonds. There has been little activity in
Southern State bonds, though the feeling is generally strong.
The State Treasurer and Comptroller of Tennessee have been in
this city to make arrangements for the new engraved bonds of
that State, and the latest advice.s from Nashville indicate that the
Eroposed injunction suit against carrying out the funding law
as fallen through.
Railroad bonds have beem strong and active on a widely-distributed business.
Messrs. A. H. MuUer

& Son sold

:

Loans and discounts

April April A^ril April

The range

<

1881.
April 23.

.Secretary.

New York Board have been as follows:

closing crices at the

Periods.

stocks there was a little more activity in the demand to-dav,
but rates daring the week have been 4@3 per cent for the bulk
of transactions. Prime commercial paper is quoted at 4?^@5

per

William Wisikjm,

executed In duplicate.

Shares.

415®412i2
50 U. 8. Trust Co
300 Oriental Bank. .I4OI4® 1 40
25 Pitts. Cinn. & St. L. RR.. 21
25 Anier. Ex. Nat. Bank
126
100 Ind. Bloom. & West. RR. 14
174 Lack. Coal & Iron Co. ...140
17634
13 Manhat. CJa.'iliffht Co
. .

5 Twenty-third St.

RR

1.52

the following at auction:
Ware*.
9,500 Caribou Cons. Mining
Co., ottered in lots of 100,
with the privilege of 1 ,000
shares, but no bid will be
received at less than $2
persh.: per sh
2 02i2®2

39 72

St.

Paul

& Duluth RU.

RR. pref stock

75

75

.

50 Metrop. G'liglit Co.l37ai37ia
Bonds.
25 Manhat. Gaslight Co
177
$20,000 Iron Cliffs Co. 3d and
consol. mort. 10 per cent
8 Keokuk & Ues Moines
bonds, due Sept. 10, 1884.108
RR. pref
44H
13 Keokuk & Des Moines
700 Nassau Gaslight Co. of
Brnoklvn reg. certitlcatcs. 95
RR. com
14%
165
2,liiO Keokuk & Des Jloincs
50 Brooklyn City RR
6 Union Perry Co
156
RR. Ist mort. 5B,duc 1923. 101 le
5 Sterling Fire Ins
75

—

Railroad and Miscellaneous Stocks. The stock market ha-s
been rather irregular on a fair volume of transactions. Stocks
do not move uniformly, some being strong while others are rela1,4.54,200
59,160,934
tively weak. It appears as if the market wa-s getting to a point
where each stock was to be governed more by its own merits
6,1 50,000
6,110,000
Five per cent redemption fund
15,808,890
14,991,211 whether for speculative purposes or for investment than bv the
Due from United States Treasui-or
1,233,008
2.034,058 general drift of operations in one direction or the other. If thig
IS the case, the situation will be to some extent healthier, as it is
Total
$2,238,398,646 $2,140,110,944 much more rational that
stocks should be judged on their
Liabitittes.
respective merits than that the prices should be governed by a
Capital stock p.aidln
$4.58,090,085 $458,254,035
Sniplns fund
121 744 6"9
122.470,996 general hurrah, either on the bull or bear side.
.'...!.'.'!.'.'.'.'!
Other undivided profits
47,'545'621
54,072.225
The elevated stocks in New York have been among the weakNational liank
certificates

Silver coin
Silver certificates
Legal tender notes
United States certificates of deposit for
legal-tender notes

notes issuea

Amount on hand

Anioinit outstanding
State bank notes outstanding

Dividends unpaid

—

32(i,83P,395

3,754,989
317,083.46o
256,754
6,184,983

1303,020,980
4,430.178
298,590,802
247.733
1,407,089

This statement is eiclnslvc of one bank each in Oregon, Montana and
Washington Territories, from which reports had not been received,
t The amount of circulation outslandihg at the
d«e named, as shown
brthe books of this otHce, was $3 13,707,519, which amount Includes
Mie notes of insolvent banks, of tliiise in voluntary liquidation, and of
\z^^ ?'"''' '"'^•^ deposited legal tender notes under the act of June 20,
1874, for the purpose of rctUlug their circulation.

est, and the public are inclined to think that some of the managers have been quite willing to see a decline in these stocks. It
is very doubtful whether such a valuable franchise as the power
to control rapid transit in New York, now possessed by the Manhattan Company, will be permitted to 1ap>8e, although it may be
true that there is a large deficit in the company's income for the
past year. If the recent exhibit of earnings is correct, we should
look to see the fares again raised to 10 cents immediately on the
adjournment of the Legislature.
The grand combination of the Gould roads in the Southwest is

—

..

.

.

(ITHE

462

1

CHRONIC LK

rVoL.

XXXYL

—

Railroad Earnings. The latest railroad earnings and the
progressing, but the precise ternw of the several arrangements
totals from Jan. 1 t^o latest dates are given below.
The stateare not yet known.
The bonds (carrying a stock bonus) of the Mutnal Union ment includes the gross earnings of all railroads from which
in
this
returns
obtained.
offered
now
banking
firm
can
The
Company
are
by
a
be
columns
under
the
heading
Telegraph
city, and the question of serious opposition to the Western Union "Jan. 1 to latest date" furnish the gro.ss earnings from Jan. 1
The plan of opposition Ls to, and including, the period mentioned in the second column:
is already brought before the public.
the old one of building to large cities only, avoiding the numerLatest earnings reported
.—Jan. 1 to latest date.-^
ous offices in small places that do not pay.
WeekoriJo. 1881.
1830.
1881.
1880.
The negotiations for a sale of the Panama Railroad stock to Ala.Gt. Southern. March
ll!62,005
$17,829 $182,287 $154,457
the de Lesseps Canal Company have not yet terminated, but it 4tl.Miss.&Olii0..lauuary... 164,917 156,870
156,870
164,917
19,817
Bost.A N.Y. Air-L.February..
41,248
19,661
40,255
was reported that $240 per share was oflfered.
Apr.
42.654
28,623
636.835
569,425
Transfers of the stock of the Philadelphia & Reading railroad Bur.C.Rap.&No..3(lwk
Cairo & St. Louls.2d wk Apr.
8,333
122,667
95,119
7,826
are made at the Farmers' Loan & Trust Company, as usual, and Central Paciflc... March
1,643,000 1,373,433 4,645,907 3.644.539
March
228,481 222.76575,410
are not interrupted; but certificates of stock are not issued pend- Ches.iOhlo
623,778
Chicago «fc Alton .3d wk Apr. 156,955
141,856 1,902.171 2,052,479
ing the decision of the courts as to the election of officers.
31,610
Chic. & East. 111. .2d wk Apr.
19,583
431,721
284.320
The daily highest and lowe.st prices have been as follows:
Chic.&G.Trk.Wk.end.Apr.ie
33,502
392,-.;37
21,173
324.945
194,452 3,468,000 3.000,593
Chic. Mil. & St. P. 3d wk Apr. 264,000
Tiiesdny,
IVednwrt. Tht*r«dai/. IFriiay.
8aturdaii< Jfonday.
.March
1,162,362
Northw.
3,648,040
Chic, &
1,361,725 3,366,234
aprti 23.
AprU 25. AprU 26. ^pr« 27. .April 28. April 29.
45.246
30.210
5.!.2.384
Chlc.St.P.Miii&0.3d wkApr.
422,213
68
60
63
(12
Am.DlBt.Tel. S8
57H S9
61Ji es'i, 63)4 845< 60
23,602
8t.Paul&8.31ty.3dwkApr.
29,525
290,696
383.6SO
80
80
Amer.Un.Tel.
wksMar.
Mich..3
49,900
&
W.
46,505
184,818
165.457
Ohic.
75
75
75)4 73J4 7434
Canada South. Ibii 77« ^m 75^« 73« 75)4 74
185,001 198,220
:3in.Iud.St. L.&C.Maioh
517,451
526,458
9834 97)4 9831
Cent.of N. J,,
86ji mn 97)4 9SJ4 97
11.215
10,741
36.398
31.519
86« 86)4 S6)t 8834 8B5i Cin. Saud. &CleV.3dwk Jan.
86
86)4 mi 88
Cent. Paclflc. 86^ 87l« 88
-•5
25
17.679
16,752
279.367
259.464
25
25
25
25)4 25)4 28)4
Cin. <Sr Spring!. ..3d wk Apr.
Che«.*Ohlo.. Si4^ 24H '24« -25
•40
41« 41
41), 41)4 4'2),
41)4 •40
42
Do 1st prf 42
HH
71.347
Clev.Col.Cin.&I.Sdwk Apr.
68,978 1,129,757 1,156.365
<m
•29
30
30
30), •29
30)4 80)4 3034 31)4 32
Do 2d prf.. 30W 31
8,556
121,654
113,833
Clev. Mt.V. &Del.2d wkApr.
8,926
184 138 •134)4 136 13434 135
135 135
135
Chic, * Alton. 135
531,421
36,300 1,328,103
Denver & Rio Gr 3d wk Apr. 104.101
184)4
164)4 IM^i 164
:61)4 164
Chlc.Bur.& Q. 164 164},; 164 164 !C4 16j
6,478
73.682
4,670
82,505
Chlc.M.&St.P. 111J< 113 iiiMlii« 111«111J4 111 11»)(, 112)4 11234 11134112)4 DesM.&Ft,Dodt;e.2d wkApr.
26.'),226
107,267 106,43
266,547
Det, Laus. & No .March
:23
125
124
124)4 1243<
pref. 1229t 122?< ;22*l 122« •l2^^ 23)t 123
Do
24.064
213,567
286,142
18.351
Chlc.iN. W.. 121>il22>i 120>4 122 ;201i 121 ?4 120J4 122), l:i2 122)4 121J4 122)4 Dubuque&S.City.2d wk Apr.
•133 138 •133
'133 ima •132 i::6
.... •132 186
pref.
Do
Februai-y.. 192,165
175,345
390,748
377,659
Eastern
C.R.I.AP.new 135Ji '.38 136 136 135)4 136 136)4 135)4 138 138 i35 185
23,516
418,123
380,617
EastTenu.V.&Q.ad wkApr.
19,797
76 •75)4 76
7<)
75)4 75X •75
Ch.St.J,.*N.O. 76
•74Ji 78^4 75)4 78
wk
.\pr.
39,749
Peie
.Mar.
3d
30,698
532,672
468,47*
Flint
&
41
Ch.8t.P.M.*0 42>^ 43)4 42
41i»i 4134
42K 41M *IH 41)4 4234 41
19.437
17.517
Gal.Har. t San A.lstwk Apr
9SH 91)4 as
96)4 97
pref. 9TA 99!* «7
97« 97K 911)4 98
Do
QrandTrunk.Wk.end.Apr.23 216.611 18-',546 3,257,801 3,076,193
87)4 87
87
3634 803i
Clev.C.C.&I. 88
USH 87
S7ii 87)4 87)4 87
24
24?4
245* 25H 24)i 25)f 24)4 24« 243< 25
OoI.Chlc&l.C. 25
26
90.660 1,.501,672 1,378,613
Gr't Western. Wk.end.Apr.15 114,1.50
Del.iH.Canal 108H 1095^ 108H lOUJ^ 108 108^ 108 109)4109 109 107J4 10834 Hannibal&St. Jo.3d wk Apr.
44,263
5!) 1,097
703,25»
43,051
Del.Laqk.&W. II75i lll')-i nanllH>^. I17X 118^ Il7>4n8), m'4 118)4 11B34 11734 Hnust.& Texas C. 3d wk Apr.
64.616
63.205 1,212.421 1.013,831
105*(
106
lOB
105)4
105
105>9
105)4 105)4 105J4
Denver* K.G. 105^^ 106J4 104;H
437,171
1,111,792
(111.).
March
460.074
1.336,205
illiuoisCen.
58^ B8)t 58)4 •58
58)4
Han.&St.Jo.. 58
58)4 58)< 58)4 58
58Jt 58
99,224 152.934
293,513
406,655
(Iowa). March
Do
Do
pref.
104M i(m<4 Win 103)4 10S94 102« 103M 103)4 1M>4 104)4 104)4
74
26.647
22,489
73
70
IndianaBl.&W..l8t WkApr
Hous.&Tex.C. 68
mn 69)^ 7i 70 138
74X 72>| 73)i 70
136
135?^
135
135)4 13534 136
Illinois Cent.. 1.16
186>^ I.S4M 135
138J4
30,412
105.651
31,770
Ind. Dec. & Sp... March
90'.,;
Int.& Gt.Nor.. 89>i 9)
91M
41.078
26.375
743,018
491,297
Int.&Gt. North.. 3d WkApr.
51
52
52
51
51
51
51
Lake KrIeAW. 51
51K 51
January...
66.169
66,169
Lake Shore.... 123H 126M ;22J^ 124 :\;254 124 122H 124 124)« 12.'i94 124 125)4 Iowa Central
279,692
116.269
89.819
326,991
S.&Gulf.March
!£.
Ft.
C.
99 1* 67)4 B8« 97
9a)4 983< 9934 99)4100
Loui8V.&Na8h i»H 99U 97
22.187
331.014
217,033
18,879
Lake Eile&>Ve8t.2d WkApr.
22)4 23)4
Manhattan....: tSM 2-y, 24
22)4 24
26J4 21)i 23)4
49,800
17
55.800
49,^00
55.800
Mar.&C.lst pf. 17M i-TH IBM 17
17>4 ifiti -i^ 1834 19)4 1934 21
LittJeRk.& Ft. S.January...
12
14
9
12
Do 2d nrf. i>H »H
9« 10
132,500 3,147,550 2.248,983
Louis V. & Nashv. 3d WkApr. 195,500
96
91
91
87
95
85)4 8i()4 86
88
Met. Elevated »4
87)4 90
17,272
402,118
370,475
3d
WkApr.
15,738
Memp.&Chail...
Mioh .Central :06 108 1114« \0-.ii lO,,^ 107 105)4 107X 106% 108)i 10054 107K
61,124
4.091
3.383
66,621
Memp. Pad. & No.2d wk Apr.
28
289< 28
Mobile&Ohlo. 27« 29
28)4 27)4 28
28)4 30)4 29 i^ 3031
10.094
6,351
Mil.L.Sh.&West .3d WkApr.
Mo.Kans.iT. im 47« 45J< 48M 44)4 46
443? 4654 45)i 45J4 4434 45*1
12,421
10,518
Mor.& Essex.. 122Hi2ii^
122S 124 •122 124)4 123 12334 Mini-. & St. Louis. 2d wk Mar.
83
82
84
85
622,511
Nash.Ch.AStL 83>i 86
84)4 84
84
665.751
84J<
£26,398 168,301
84K 84
Mobile* Ohio.... March
N.Y.C. & H. It. 143 144 142?s l»35i 142« 143)41142)4 143% 14331 '44^ 1433414434 Nashv. Ch.&St.L.Maich
566,245
207.710 169.457
576,719
N.Y. Elevated 113 U8 112i<, 1U>» 108 lll)tll09 112 108 llbh 106 107)4 N. Y. Cent. & Hud March
7,765,679
2,854,835
7,366,426
2,668,250
N.T.L.K.JfcW. 45« 4«M iSa 46H 4554 46)4 45)4 46
48)4 47
48>4 4634
2,548,599
2,809,202
February.
.1,425,765
1,252,218
L.Erie&
W.
N.Y.
88
pref.
87
Do
86)4 8(!)4
87)4 87J4
86K
311,139
363,363
N.Y.&N. Engl'd. February.. 173,614 149.907
N.T.Ont.iW. 33« S4« 33^ 34
33;^ 3354 33)4 33J4 34
3454
3434 34
811,033
797,345
4:)
42
Northern Pac. 43
i2H 42
42)4 43
43)4 42)4 423jN. Y. Pa. & Ohio. February.. 389,125 384,980
42H 42
pref. TiH 73>i 71
72
72
Do
72>4 713< 72
72
72)4 72
72
1,080,679
452.906
415,325
1,221,719
Northern Central. March
29« 30^ 29)i 29)4 29)4 29)4 2836 29,4 .'9
Ohio Central.. 2m 81
29)4
408,258
43.417
499,110
55.163
Northern Paciflc .3d WkApr.
Ohio&Miss.., 42J4 43M 42>3 42H 43
43)4 43)4 4334 4354
43J4 4254 43
52,949
22.747
48,170
23,268
Ogd.&L. Champ. February..
Do
pref.
104)4 105
!10«)4 106)4
!04)i 104)a
529,55»
601,852
306.894
257.609
Nav.Co.Maich
Greg'uR.
Paciac Mail,.. 51
52
5034 51)4! 50« 51J< 51)4 SSHl 5134 5'234
63H WH
107,14S
6,804
146,566
9,766
Pad.&Eli2abetht.2d WkApr.
240 240 240 247)4 252 288 25a 252
Panama
Phil. A Read's 873< S95j; 58K S7H 56T4 57
56
67)j
52
3,844,304 3,278.186 10,129,133 9,306,313
53)4
Pennsylvania ....March
5«5i 5;
aS'4 5.5)4
Bt.L.A.AT.II. 48
5T4 65)4 67>,^ 54)4 58
i»H 535< S2
80,226
48J<
135,642
6.284
8,017
PeoriaDec.&Ev.
2d wkApr.
126
Do
pref.
129
127)4 128
1273< 128
128)4 1283< •127 129
797,357
735,377
285,573 327,678
Philadel. & Ei-ie March
63l( MU 83'^ 64« 83)i 8554 65X 653) «4-34 65)4
et.L.l.M.&So. 65
65T<
1,600,568 1,489.389
Phlla.& Reading. March
8t.L.A S.Fran. 43i< 43J( **H 44J< 44»( 45)4 45)4 45),
45
45
434,650
389,868
31.209
23,480
8c.L.Alt.&T.H. ..3d wkApr.
Do pref. HiH So 85« 85)4 85)4 65)4 65)4 88 66)4 68)< 88 68
200,735
234,514
11,006
14,790
Do Ifltprf 97
97;<
97
97
(brchs). 3d WkApr.
98
98
Do
96K 97
60I< 62)4
Tei.4 Paciflc. eO!< 62x «IW e3U 61j<( 63
8!
127.100 109.334 2,236,011 1,326,832
62S; 6.134 82
St. L. Iron Mt.&S- 3d WkApr.
Union Paciflc. 118i« 118!i U5H 117)4 118 117 U5J4 117 118« 11734 \MH 117
718,365
39.763
834,334
57,683
WkApr.
San
Fran-3d
8t.L.&
Wab.St.L.& P WH *m 4814 47-M 463t 47)4 4834 4674 47
473» 47
4734
38,191
39,915
39,915
33,191
St.Paul&Duluth. January...
pref mu 90li*S9« 92 x88
Do
8834 88
SS)« 87)4 88
89J4 87
828,515
83,279 1,034,172
98,036
We«t.Un.Tel.+ ill8M 117 ill6?« 116)4 114)4118)4 115)4 1I83< 11634117)4 11H)^ U8J4 8'.P.-Minn,&Man.3d WkApr.
91,9'.0
84,706
4,440
6,191
wkApr.
Valley
3d
?cioto
' These are the prices bid and asked: no naJe was made at the Bfi.-ird
332,818
366,796
94,594
130,841
South Carolina... March
t Sales were also miide ex-privilcre as'fouowa: Saturday. 8034®^!; Mon680,020
215.070
836,394
312.420
March
Texas
Pacific...
&
day, 80O81; Tueslay, 78®S034; Wednesday, 79j81)4; Thursday. 81)4®8'2J4;
Friday. 81@813i.
l,657,f>70 1,735,509
Union Paciflc ....March
t Sales were also made ei-div. at 89)4@S93^.
Wnl. S'^.^.&Fac.Sd wk Apr. 268.396 257.576 3,509,053 3,840,965
63,420
Total sales of leading stocks for the week ending Thursday, Wi8coaslaCent...3 wksMar.
46.930
and the range in prices for the year 1880 and from Jan. 1, 1881,
to date, were as follows:
Exchange. Foreign exchange has been decidedlv stronger
this week, and shipments of specie from Europe have been
Range for
Sales of
Range since Jail, 1 1881. year 1880.
checked for ten days past. To-day on actual transactions th&
Week,
rates were about 4 83^ for bankers' 60-days sterling, 4 85^ for
Shares.
Lowest.
Highest.
Low. High.
demand, 4 85M for cables and 4 8lM@l 82 ^i for commercial.
Canada Southern
39,425 66 Feb.
90 Jan.
40
8138
The following were the rates of domestic exchange on New
Central of N. J
93,3,'i3
90 14 York at the undermentioned cities to-day: Savannah, buying,
112 Feb.
45
821a Jan.
Chicago & Alton
400 132 Apr.
156 Jan.
99 >s I5913
prera.; Charleston, buying, Ye prem., selling,
Chic. Burl. &. Quincy
2,065 160 Feb.
182ifl Jan.
113
18312 par; selling,
66I2 114%
prem.; New Orleans commercial, 1'50 prem., banK, 2'50 prem.;
CMC. Mil. & St. P.... 81.600 101 la Feb.
I2414 Jau.
Do
do pref.
2,687 117 Feb.
132 Jan.
99 12418 St. Louis, 25 prem.; Chicago, par to 25 premium, and Boston
Chic. <fe Northw
30,225 117 Feb.
136 Jan.
8718 130
Do
do pref.
3118 Feb.
104 1461* about par.
1471a Jan.
Quotations for foreign exchange are as follows:
Chic. Rock I. & Pac...
1,705 129
Feb.
142 Jau.
100 ifi 204
Chic. St. P. M. &0..
5.424 40^8 Mar.
51
Jan.
Do
pref.
13,435 91 Feb.
109 ifl Jan.
Demai%d.
Sixty Days.
AprU 29.
Col. Chic.& Ind.Cent.
29.510 19% Jan.
2779 Jan.
91s 25i«
Del. & Hudson Canal
115i4Mar.
9,715 89»8 Jan.
60
92% Prime bankers' sterling bills on London 4 83 aisi
1 Soiial 86
Del. Lack. & Western 109.650 107
68 12 IIOI4 Prime commercial
Jan.
131 Mar.
4 82 ®182is 1 »4 ®4 84>«
Hannibal & St. Jo...
6,200 44% Jan.
6014 Feb.
2278 5078 Documentar.v commercial
4 331394 84
4 81is®l 82
Do
do pref. 11.910 94 Feb.
110 Jan.
631s 105
5 23%a5 2l7fl 5 21i4»5 19%
Paris (francs)
99I2 12736 Amsterdam (guilders)
Illinois Central
3.010 124 Jan.
138>aApl.
3»»8ai 3978
3978® 4OI9
l«ke Erie & Western
1..^00
20 14 42% Frankfort (roichraarks)
38iaJau.
gifsFeb.
91389 95
9118 a 91^8
Lake Shore
237,300 118 Feb.
135% Jau.
95 13968 Bremen (reichmarks)
913881 95
91188 91^8
Louisville & Nashr
153,2.54
79 Feb.
100 Apr.
77 174
46I3 Feb.
Manhattan
113,015 2114 Apr.
21
571s
Micliigan Central
12pia Jau.
84,750 103 14 Apr.
U. S. Snb-Treasury.— The following table shows the receipts
75 13018
Missouri Kan. & Tex
63.491 39% Feb.
DOisFeb.
2818 49 14 and payments at the Sub-Trea-sury in this city, as well as the
N.Y. Cent.* Hud.Riv- 22.080 140 Feb.
155 Jan.
122 1553R balances in the same, for each day of the past week:
N.Y. Lake E.& West.
64,250 43% Feb.
52^8 Jan.
30
5118
Do
do pref.
1,300 8218 Feb.
95 Jan.
47
931s
Balances.
Northern Paciflc
15,640 32% Jan.
51 Mar.
20
36
Do
Payments.
pref.
12.127 641s Jan.
7718 Feb.
3938 671s
Receipts.
Currency.
Coin.
36I3
Obio & Mississippi
12,910
46'8 Mar.
Jan.
23
441s
Pacific Mail
80.010 4.T% Jan.
62 14 Feb.
27 1« 62
$
$
$
$
Phila. & Reading.
73 19 Feb.
32,550 50 Feb.
13 % 7238
475,772 29 7e.316..582 16 5,019.825 95
776,773 32
AprU 23...
St.L.Iron Mt.&South,
5 1,425 5216 Jan.
34 12 66
66=3 Apl.
"
76. 26.5, .599 01 4,757.601 10
02
1,360,116
02
1,246,903
25...
61, L,& Sau Francisco
1,925 39 Mar.
25 14 48
Jan.
51
"
924,096 45 1,099.693 90 75.960,502 70 4,887,099 96
26...
Do
pret.
1,820 61 Jan.
71 Jan.
33
65
"
27... 2,323,595 17 2,870.519 38 71.911.162 03 5,359.516 40
Do 1st pref.
750 90 Feb.
102 Jan.
60
100
"
707,782 25 71.316,223 32 5.469,549 97
722.882 09
28...
Onion Pacific
5 1,379 1051s Feb.
1247a Feb.
80 113%
"
687,271 13 1,759,506 21 73,792,616 91 5,450,896 29
29...
Wab. St. L. & Pacific 23,830 39 Feb.
5138 Feb.
26 Is 48
do pref. 43,090 77 Feb.
Do
5ti4 8838
94 Jan.
6.631.526 23 8.473.390 08
Wpflto
TTnion T"l..
49 son 80 >o Jan.
77I3 1161s Total
1 20I3 Jan.

—

.

.

.

Wm

'.'.'.'.'.'.'.'.

.

M

. .

—

%

.

.

.

I

M@%

. .
..

t

.. .

Arnn,

New York

City Banks.—ITie lollowinr statement shows the
«ondition of the Associated Banks of New York City for the
week ending at the commencement of business on ADril
23.
^

Lnam and

o_,^

*«'*«•

dUcountM.

New

Ugal
^'L'tS!'''
TiXSer.. i,J'^'^,
g.

tion.

Co..

Phoenix
City
Tradesmen'a....
Pulton

Ol'l

Brondwaj

AtchUon

Zrrlnic
..'.'.

C*Uens'
Market
8t. Nicholas

Continental...
Oriental

Second Natlon'l.
ninth National..
First National..

Third .National
N. r. Nat. Bich..
,

New York ft New

Bowery National
N.York County..
Oerm'nAmerlo'n
Chase National..
..

'''°*"

'10.87.1.200 ;io5.7n.«0', .i<i,Ho"4.2on 14
jin.giio afl2.flr.a.om;

w.giT^nn

The deviations fr»m returns of previous
week are as follows
Coana and disconnti
Deo
tSe.'S.SOO Net deposits..
|no. »S,83I.00O
•peole
inc
inc

Inc.

The foU()wing are the totals of the
New York Citr
^
House Banks' retarn.s for a series of
week.rpast:

Loan*.

Spfeit.

1881.

«
20. ..315,331,000
27. .. 31.3,324,1)00
4. ..305,7I'1,100
11. ..283.050,200
18. . .893.,S72,600
24. .. 292.417.800

..297,750.700

8.. .304,080,200
15.. .S02,H64,aiO
88.. .307.tv>«).H(X)
.810,6«3,200
.

..318,00',J,800

12.. ,317,138,100
1».., .S20..S07.300
26.. .3ie.5'<4.400

.298,4^,400

32... .298.255,900
19.. .300.177,300

"

26.. ..300,622,(X)0

Al^l 2

.

,,300,'«-l,l00

.,.905,214,400

"
"

18.'. ..306,3«3.4U0
23.. .305,717,600

%
63,830.800
80,177,800
51,534,«00
5:t,«3.'1.200

55,877,800
51,086.000
58,047,900

L. TetuUrs.
«
l'J,07«,900
12,01>.S,200

12,038,700
12,579,000
13.318.400
l.').3»p.80O

12,796,800

Dtposttt
%
295,871,400
289,527.100
278,132,700
286,385.200
267,629,800
297,068,000
272.408,900

01,948,800

13,817,400 285,787,700
15,638,100 292,878,800
16,:W5,800 298,931,900
17,287,1100 302,512,300
a7,8'>3,700 1.^9'7,500
307.097,200
67,8 J. 1,800 15,548,000 807,924,300
«.).8J9,800 14.88-.2IX) 307,718,100
68,074,200 1S.048.000 298,517,300
51,8114,100 13.289,'200
274,443,800
5S,S8»,000 12,4«6.«00
271,688,800
.59,55 J.OOO l-.s,a4 1,800
277,931,800
57,868,900 12,8:t4.500 275.588.,">00
57.811,000 12,710,500 27.5,495,400
80.129.000 12,472,700 282,788,500
«a.^ 1 9.300 I3,4i8,600
288,821,100
88.804,200 14,413.,'00 282,653,000
65, 182,500

86,484,100
68,284,100

CircitlatUin

837,200

do
do
do
do
do
do

Aot. CUar
*

*eb.

7.

'

14..
21..

"

" 89..
Mar. 7.,
'
"

14,,

21,.

Lonna.
«
1dO.W1.SOO
152,018,200
151,819,800
152.104,500
152,499,800
150,72.3,800

140.851.400
148.628.800
145,529.000

Specie.

7,489,500
7,741,400
7.848, 00

7,778,000
7,207,700

2.8;»,10fl

1

«,907,»;J0
8.171,O;)0
5,53.5,1(X)

5,780,100
6,842,300
5,848,200

,

147,5.51 .'ioo

11.,
18.,

148,289,»i)0
148,1.29,200

»,,

5,il07,lu0
8,084,8(10

148,037,100

6,582,000

•

"
•

Uo.ULOOO

07,4:«),,30O

uo
do
Cutawlsaa
do
pref

Csmden

18,3.52,300 947,812071
lj,25li,500 1105,482,825

•7.582.100
97,4 8,700
97,127,100
»<.218,100
83.082,400
87,8OS,40O
1

2,54'.).100

774,6,84 705
»50,448;299
16,709,000 815,1.34482
I8,.SS0,200 724,l-a!359
17,217,400 978.263,386

2.488,.300

2.487.400
2.470,700
2,532,300
2,793,700

.

Little Schuylkill
Jilnehlll

Nesquehouing Valley
Norrlstown
North Pennsylvania

8.5,772,500

85,088,800
85,468,100
85,82^,900
88,959,800
a8,B89,300
80,121,800

2,87'),000
2.4.^8,:)0l)

2,431,400
2,760,100

& Heading

78,578,8.30

Phlladclphlaft Trenton....
Phlla.Wllmlng. ft BaUlmore
»t. Paul ft DuluthK.K. Com
do
do pref

85,747,52^

.210.2110

71 ,880,4,30

,I35,8(X)

,2Si,70O
,481,400
,824,500

Including the Item " due
to other banks."

Pennsylvania
ft

,785.700

Erie

83,848,374
70,117,775
«9,H34.123
68..840,822
69,ni«i,257
70,483. 791

79.105.341
77,582,234

arfL"S|'|'»

Loans.
t

1881.
Ju. »*.
31.

Veb.

.

7.

74.409.-273

14....

21..
i8...

Mar

Ar-

7...
1'...
81....
88....

4

72.560.007
73.187.879

..

II....

l*...

.

74.937,184
75,355,21 •)
73,791.848

.

71,0.11,851

.

.

70,863,787
70.583.874

L. Trnden.
*
20.373,040
20,315,753
20,348.5-M
20,031.487
20,4.)t).887

18.1K3,122
16,875,724
17.17.1,494
17,8:18.897

'70,178.265
70,260.0)15

17,.">3)l,l,52

21,181.796
*t.305.7«l

18,685.372

*;4S5.827

17.r.73.;)7S

18,4*4,8. )8

do 68, hoat&car,rg.,l9;3
do 18, boaf&car,rg.,l9..5
Susquehanna fiB. coup.. :9. 8 •

HALTIItlOKE,

Maryland Ss, defense, J.4 J..
do
6s, eiempt, 1S87. ..
53>4
do
6!", 1890, quarterly..
do
uo
as.
'....
58. quarterly
68
Baltimore 68, issi, quarterly |107
'"»'
•do 6s, ;8S6. J,A J
1I2X
'68
5S
do 68, 189:1, quarterly... 119
69X 81%
do 68, park,li)90,(j.— M.
27
«1J4

8l»s

6.5..340.43I
H5,27:i,5-25

65,888,884
67,436.318
87.381.557
65,602.888
81.549.924
61.752,081
81,000,178
61,17.1.413
02.458.3.5S

e.3,771,4M
«7,B59,,Sa0

87,301,923

Oireutation.
*
12.188.558
12,122,337
12,136,113
12,159.740
12,irt»9,714
10 ;«4 8,30

Aga. Clear.
t
51,9.52.921

48.098.832
62.415.:>59

47.581.828
5I.V59.010
5I.724..V'8

0,678,776

59.88.1.4711

9.951, 0.'i3

48.030.201
47.595 115
45.239.308

9.990.283
10.006.706
I0.IUC,,592

10.115.128
10.181.981
10,1JW,55«

53.310.4.58
48.057.,3S7

44.087.129
81.860,874

««

46)«

.'.

pref..

Susquehanna

13

(J

Sf, 13,6.

new

6s,exempt,'K.M,ftS

-J
1?2

J.ftJ
..

138

88

Par.

200

...100

prtf

<^o

ist

do
do
do

8d prtf
Wash. Branch. 100
Parkersb'g Br..Su

.

Northern Central
50 Si
Western Maryland
S"
Central Ohio
50 45
PItUourg ft Connell8vllle..5('
BAILBOAD BONDS.
Bait, ft Ohio 68, lS35,A.ftO. .. iu7«
107H

Camden «Amboy 68,conp,*83
6s,

coup,,

new 78

p

do

6s, gld, 1900, J.ftJ, li'a

117

Cen, Ohio6s, i8tm.,'90,M.fts iiiau 114
W.Md.6s.l8tm.,gr..'90.J.ftJ
^
do Ist m., 890. J.ft J... ii'a'u 114
i

105

'69

'd2.
'88

..

m..gnar.,'85,J4JI

I

59

.

Catawtssa Ist, 78, conv.,
do
chat, m., lOs,

W. Va. 3d

H.

"*»

Northern Central 6s, '85, Jftj'loW *'"»
^» iibu
do
68,1900, A.ftO.

do
mort, 68. *89.
Cam. A Atl.lst m 78. g.. l'»s !15X
do 20 m. cur. 78, 'p7m.. 105
Cam. ft Burlington Co. 68,'»i.

aeiaa.,,

88,1900,
6s,190i.

Plttsb.ft Conneirsv.78.'98,.>ftJ 124

.

* jlu

do
do
do
do

iwx

M.ftS

Balt.ftUhIo

31

Allegheny Val.. 7 3-lOs. 1896
do
78,E.BIt„l»10
do
Inc, 7s, end,, 'M
BelvIdereDela, ist ra,,68,19V2
''o
2d m,»8, 'Si,,
do
Sd m. 6s, *d7.

atawlssa.

6a, 189S,

.

^io

(

do

KAILROAD STOCKS.

.

do pref
Peansylvanla

do

'

—
Norfolk water,

!

:::

RAILBOAD BONDS.
Deposit*.

Dela. ist 68, rg.,'86

ft

Schuylk. Nav.lBt m.68.rg.,'97. 106
do
2d m.6«. reg., 1307

28X 26H

Morns
Schuylkill Navigation....

"''•iks-Tl^'' totals of the Philadelphia
banks

20

Delaware Division 6s, cp.,'78. ;;,:,•,
Lehigh NavIga.m.,Ss,reK.,'8j Jv?H
do mort. KK.,rg .'9:
do m. coov. g., rcg.,*Hi
'29«
do mort. gold, '97
do cons. ra.7s, rg.,19r
23H
Morris, boat loan, reg., 188-5.
too
Pennsylvania 6s, co'if., '.910

28

United N.J. Companies
West Chester consol. prof..
West Jersey
CANAL STOCKS.
Chesapeake ft Delaware
Delaware Division
*
Lehigh Navigation

ft

do
K'o G'andc D v.. ,.„
do
cons. m.. 6s,g., 1905 1.^*^OO
Inc.ftl. er 78 19I5---.
UnlonftTliu.v ;stra.7S.'9l) '<««
United N. J cons. m. 6s, '94
Warren ft F, Ist m.7s,'9«.... ii6X iiiit
West Chester cons. 7b, '91
West Jersey 6s, deb., coup.,'8;do
ist m. 68, op., '96
do
1st m. 78, '99 .. ..
do
con?. 8s, 1909 ...
W. Jer»ey ft At lit m Ss, cp.
Western Penn. RR. 6s,cp.'9ji.
do
(8 P. B.,'9«
CANAL BONDS.
Chesap.

pref

Philadelphia

77,.50I,141

Mi

.

180

pref

Piilladelphla

80,193,675

.813.800
,811,900
.8:5,900
,975,500

Atlantic

89,188,828

I97,'20fl

105

M«

do
do
pref..
Har. P. Mt. Joy ft Lancaster.
Huntingdon ft Broad Top...
do
do pref.
Lehigh Valley
.

]6,8:!0,500

60

80

.

Delaware* Bound Brook....

J^-ZiiJ-""'

ifc9j

C,

7s, B.
18937s, coup, off, '»)

m

East PeUHsylvauia
Elmiraft WlUiaiiisport

1

off,

8yra.Gen.ft Corn'if,lst,;s,1900
Texas A rae. 1st
,«s, g..l905

cp

pref

new

do

16,181,800 1143,978 ,';45
15,448,500 1241,0,5«;579
15,488,100 '.020,9f)7,»c5
*•
2.503,881
ia'y,}.'l9"

ft

1..93*

,

1st, 6b, 1884
ist in. 7s 1907.
W.lst m.,5»,'21
2Jm.6i. 9)3..
ft Erie 1 si in . 78, '»7..

do
Snnbury

BAILKOAD STOCKS.
ft Weatem...

1I55,45I)4T3
lfc,.3a3„300]042„3»5 915

cup.

conv.

SUQb. Haz.

If"

,

18,3,30,700

couo

.b.

do

Stony Creek

14

reg.,l!j!)^ilSA

do

d

fcrlp, \Sii

Steubenv.ft Ind.

'si'k

13«

I

Buffalo Pitts,

.888.600
.727.500
,583,700

132
SI

(s, 10-15, reg., i.iT;-'82.

18,426.200 1179,878 986
18,425.000 1 1 79,899,'303
13,315,500 1224,1)48, 1,S2

i24J4

do
ieg.,lsi;
i'on'.m.6.,g.iui;i9Il
lmp.m.,6*,g„ c. iod:
gen. m. 6j, g., c.l'Ot
in. m.,7s,coup„'896.

^? „

n...

ifio

I

114

do
66, old, reg
do 68, n, rg,, prior to'95
do 6B,n,,rg„1395ft over
do 48, various

DepDtiU.' CIre ulation. .!«. Clear
S

3.753,400
.3.808,IX)0
8,:«»o,.800

" 28.,
Apr. 4

"

L. Tfndtrt.
»

5s, g'd, int.,reg. or
5s, cur., rejr
5«, reg., IS8'.J-1332

do

ad m.. 7s, cp..'JS
cons. m..78,cp.,i9ii

Phll.ft ll.Coalftlr'n deb.7s.!iS'
do
deb. 7s. cps.ofi ••••

A Nashua

Ss.new.

68. cp., 1905.

•••
do mort., 78, 1892-5.
llH Phlla. Wllm. ft Bait. 6s, '84... ".,
PItts.Cln.4St. L. 7s, con., ISOCi^*^
do
do
i32
7».reg.,19'('l--Rich.* Danv.cons.lnt.Bs.ig 5
115
Shamukin V.s, Poti8v.7», l9ui

51

68,19-25, reg., W2-'92
41, reg., 1394-1901
Philadelphia, 5s reg

8fl«,076,513

18,868,200 1072,880,747
18,471,400 1 155,004,682
18,4,85,200 940,101,842
18,474,400 1174,074.098
18,431,400 804,522.749
18,408.200 817,831,113

:

1881.
24..
_••
81..

150

60
108

161

8TATB AND CITY BONDS.

Penua.

Boston Banks,.—The following are
the totals of the Boston
banks for a series of weeks past
Jan.

U5
10«

England..

PHILADELPHIA.

flniLrin^
"*^

t
18,7.30,400

S3)i

'45

Heverc Beach ft Lynn
Vermont ft Massachusetts

Ken.m.

cons. m. 6s, rg., 1905

cons.m.
do

do
do
do
do
CO
do
do
do
do
* o
do
do

150

83

Wltcon-in Cent.al
do
pref...

I

3.9M4,»00 CiroulMlon...
DStf.BOOi

ra. 68, cp.. 19:0
68, ig.,l!)10.

31

Bur

ft

Worr-ester

•

I<«<nU tenders

Tol. Del.

Penns7lv.,geD.

""o
5s, 9W
™.., P",
.
Phlla. Newt'o ft N.T.. Ist m.
Phll.ft H. 1st m.6s.ex.due 19.0

X \ii

\

—

.1.

31J(

w84H

.

Northern of New Hampshlri
Norwich* Worcester. ...
egdensb.ft L. Cbamplain ...
do
pref..
Old Colony
Portland Saco ft Portsmonti
Pallma'i Palace Car
Rutland, pref erred

Fifth Avenne...

Germania

m
3I>«

Scrip
EB.78;ifl96...
1906....

o
5)
„
Penn. Co, 68. reg
Porklonien 1st m.(s,coup.,'8.
Phlla. ft Krle !d m. 78. cp.,'88
do
eons. mort. 68. WO

Si

100

do
pref
Fort Seottft Gulf, prcf
do
common.
lowaFallift Sioux CI y...
K.c. Law. ft SouyiBrii.Bx.K
Little i;ockft Fort smith
Manchester ft i-awrence. ...
Mar. Hough. A Cit
Mar. llosgh. ft Oat., pref..
Nahsuaft Lowell

Bast River...

"

Hi

95H 97

ft B., 7s, cp.,'9(

P«.*N.Y.C.*
do
do
do

Eastern (New Uampshlre).'.!

Fourth National.

"

ft

FllatftPere Marij

Central Nat

Ist m. 61, cp.,'88 iHiiiK
do
2d m. 'a.cp,, '96
do gen. m.7>, cp.,19a8
do gen. ro.78, reg.,i90<
do new loan t,s, rc2
on Creek 1st m.7s, conp..'a>
108

do

Maine
Providence

ft

130

1385,-

isn*

...

121

North. Penn.

x

FItchburjf

A Tr.,

Park
Mech. Ukg. Ass'ii
North Iliver. ..

Mar.

Lowel:

7s, reg., 1910
6s, rg., 19^

con. m.,

do

Kasterii (Mass.)

Marine

••

Al'

ft

m.

28

rlttsb. Tlluav.

Connecticut River
Conn, ft Passumpslc

Corn Exchanite.

"
"

Topeka .
aiy

ft

ft

. .

'

.

do
6s,f p.,i9 ^
Little 8ehaylklil,iBt m.7»,'rt

1:7),

Concord

:

Bhoe & Leather..

Oerman Kxch.

do
do
do

WW,

Cheshire preferred
Chi-. » W. Michigan
Cin. Sandusky ft Cler

Nassau

"

do

t;ii.9i.

58, 13)5... ....
d. Is., tol....
1....
!

mort. 6s, '82.
2d mort. 68, 1900

Ist

Lahlgb Valley, Isi.6s,cp..l8ati'l22)4
do
doreg., 189i...il2a

113
4i... 1065,

<'olony,B8

Boston
Boston
Boston
Boston

'.

HanoTer

do

<'o

ItkMaa Athens 1st g

lOS

...

fueblo ft Ark. Valley, 78...
Kutland fis.lst mort
Vermont ft Mass. KK.. 88 ..
Vermont ft Canada, new 8s
STOCKS.

Ctaathani
People's

••

1897.

m. IS, gold. 'is.illl
'W m. f ..fcrlng.,;* ....
cons. m.7s, ISJj. ..
..

'.Id

Jaoellon

'H^aensDurg ft Lake
Old Colony, 7>..

Mercantile
Paciac
Republic

" 2a.
Fob. 5.

7fi,

new.

7s

Utile

Commerco

7an.

1C9J4

New Vork

State of N. York.
American Eich..

Hetroimlitan

do
do
do

1!6W

iian.City. St. .lo.ftC. U. is.
»)
IlK
lilt ft Ft. Sinlth,7s,lsl u«X 117
ft New Eng.tj.... lOKJ, 110
do
78 ... 119
New Mexico * So. Psc. 7«... lift

Butchor»'4Drov.
Mechanloa' A Tr.

31
1881.

wan

HarrlsbDrg 1st mor>. 6s, '*».. ....
U.ftB. T. Ist m.78, gold. •«),....
do
l«tm. Ts, fj. g.'ujl

.El

Fort Scott ft Oulf 7s
Hartford ft Krle 7s
K. city i.awrence ft So.

Greenwich
Leather .Mun'f'r.s
Seventh Ward...

"
"
"

do
Nebr.Ss
do
Nebr.as
Conn. A Passumpslc.
do

AUk.

KastlVnn. mt loo't. 7s, '88 1....
Kl.ft W'msport, Ist in., is, '60. ....
do
58, perp .... .1
.,

FItcbburg UU.,«s

Chemical

•'

i^a

daflicrn. MasR.. 4><8,

MeroJi'nts' E»ch
Oallatln Nation'

••

Hi..

« Aioany 7s
do
as
aoston iLoweins
do
«8 ..
Boston A Providence 7s...
Snrl. A Mo., land arrant 7s.
..

Union

BU.

6a, 1«»-1<0«
Chartlers Val., Ist m. 78.C.,II0
Delaware mort.. 6b, various.
Del. ft Hound Br., 181. 78. 190f. 180

m.7t
land (rant7>
1st

lioston

Fork

North America.

•ouxma*.

A$k.

ConnecUne

do
do
landTnc.
Boston A Maine 7s

drcula.

Mechanics'

Oee.

& Tcpcka

Itch.

Amerioa

Uov.

BU

•BOirsITIXS.

Merchants

Importers'

Boston, Philadelphia and Baltimore.

BOKTON.

Average amount of
Capital.

463

m

Qaotatlons

1881:

ManhBtUn

.

THE CHRONICLE.

30, 1881.]

Btmla.

"

. '

.'

1900. ..

( Per (Hare.

|.
I.
,

do 2dm.,guar.,J.4 J....'
do 2d
UV
•« m..
Ul., Ill
pref
CI
...I.
do 2dm.,gr.byW.Co.Jaj 114
do 6s. Sd in., guar., J. ft J. 122
I

iVd

A A ..
Host
do
2d. M.ft N
'oVu
do
Ss,Sd, J.ftJ
48?
Union RR. Ist. guar., J. ft J..
do
Canton endorsed, ii'tf'^^ liwi
Mar.

ft

CIn.

7s, '9!,

F.

—

. ..
.

—

. ..1

.

.

THE CHRONKJLK

464
Bonds and

NEW

...

;
I

YORK.

Prices represent the per cent value, whatever

Baiiroad Stoek» are quoted on a previous page.

active

.

rvoi. zxxii.

QUOTATIONS OF STOCKS AND BONDS IN
U, S.

)

. ...
. ..

tTie

par may

he.

STATB BONDS.
BKCtntnics.

SBCtTRITISS.

Alabama— Class A, 2 to 5

7m
w

. .

Class A, S to 5, small
Class B. 5s
Class C,2to4

U

L. Roclt & Ft. Scott IsB.
Memp. & L. Kock
L. R P. B. * N. O. RR.
7«, Mies. 0.4 R. R. RR..
1»,
It,

RR

.

ii"

•Si,

7s, Arkansas CeoLral
Connecticut —6s
Georgia — 68

11

RB

11
104

new

111
111

endorsed

117(t IIS

gold
Ijouislana- 78, consolidated
78. small

115«
112
119
110
110

'92

New York—68, gold, reg.,'87

11(1

W

HOH

6««

Sij

coup, off, J. 4 J.
coup, off, A.40.
Funding act, 1888
1868
do
New bonds, J. & J

112

Funding, 1894-95
Hannibal 4 St. Jo., 1886.
1887.
do
do

A.40

do

Chatham

RR

do

110

South Carolina—
65, Act Mar. 23,
Non-fundable
68,
68,

18

Alk.

8«

class 3

1869.
'

f

'

new
new series

Virglna—6s, old
e8,new,lH66
6s, new, 1867
68, consol. bonds
68, ex matured coupon..
6b, consol., 2d series
6s.

deferred

88>i D. of

Consol. 4s, 1910

119
120
121

Bid.

Tennessee—6fl, old

7
8
8

Special tax, class 1
do
class 2

110

no

68, gold, coup., 1887....
68, loan, 1883
1891
68, do
1892
88, do
1903
6b, do
North Carolina—68, old.J*J

35
141
141
121
121
13
13
21
21

4J
A.40

do
do
do

SKC'UKITIES.

Rhode Island—68.coup.'93-9

6s,old, A.&O
No, Car. BR., J.

m

due 1886
due 1887
due 1888
due 1889 or '00
Asylum or Univ., due

«s,
68,
68,
6s.

UK)
IW

Arkansas—68, funded

78,
78,
78.

7s, 1890

Atk.

Bid.

N. Carolina.— Continued

102
118

Missouri—«s. due 188S or '83 105K

HI
84

68, 10-208

glCURtTIXB.

Atk.

But.

Michigan -68, 1883

Small

Columbia—3-658,

1924.

Registered

Ohio—68.

lom.ioaj,

1881

no

6s.l»ifl

Funding 5s, 1899
do
registered

....

1

—

RAILROAD AND mSCEIiLANEOITS STOCKS AND BONDS.
Chic. Mil. 4 St. P.—Cont'd.
Ist m., 7l. » g'ld,B.D.,190'i 123
iBtm., LaC. Dlv.,1893....
il2l)i
istm., I. 4 M-, lt«7
tl22
1st m.. I. 4 D., 1899
122
IBtm., C. 4M., 1903

Railroad Stocks.

—

{Actice previously quoted.)

Albany ta Susquenanna
Atchison Top. 4 Santa Fe.
Boston 4 N. V. Air L... pref.

& West
pref.
do
do
Burl. Cedar Rapids 4 No...
Cedar Falls 4 Minnesota..

BuBlilo Pitts.

Con. sinking fund, 1905.
2d mortgage, 1884
Ist m., 7s, 1.4 D.Kxt.,1908
S.-west div., Ist 68, 1909.
1st5s, LaC. 4 Dav., 1919.

Central Iowa
Ist pref
do
2dpref
do
Chicago & Alton. pref
Chicago 4 East. Illinois

1st So.
Ist

Chic.

Cin. Ind. St. L. 4 Chic
Cln. Sandusky & Cleveland
Clev. 4 Pittsburg, guar

Mini

iOS

Chic.

Danbury A Norwalk
Dubuque 4 Sioux City

4

Flint

Harlem

new.

Keokuk 4 Bes Moines
do

do

nref.

Louisiana 4 Mo. River
Louisv. N, Alb. 4 Chicago..
!55(«

Milw. I,. Shore 4 W., pref..
Missouri Pacific
N. Y. New Haven 4 Uartf SI'f9H;
N. T. Ontario 4 West. .pref.
Peoria Decatur & Evansv.. 838"
Pitts. Ft. W. 4 Chic, guar. !129
Rensselaer 4 Saratoga
Rochester & Pittsburg..
29;i 30
Rome VVatertown 4 Ogd..
8t. Paul 4 Duluth
iS6"
j

.

pref.
do
do
St. Paul Minn. 4 Man
Toledo Dolpho.s 4 Burl
Miscellaueous St'ks.
Adams Express

Expres.s

United States Express
Wells. Fargo 4 Co
Atlantic & Pacific Telegr.

191

S27H

33

40

Colorado Coal 4 Iron
Consolidation Coal of Md..

Deadwood Mining
Excelsior Mining
Gold & Stock Tel
Homestake .Mining
I.,a Plata .Mining
Leadvilte Mining
LitUe Pittsburg Mining

11

5
25'

24)4
...

Mariposa L'd 4 Mining Co..
do
do pref.
Maryland Coal
Coal

N.Y.4Texas Land, limited

3«
127

18,.;

do

pre"
Silver Cliff Mining...
Btandara Cons. Gold Mining

etocmont Silver Mining
Sutro Tunnel

?

Railroad Bonds.

m

Bur.Ced.R.4North.— Ist.Ss
Mlnn.4St. L. ,1st, 7s, guar
Iowa City 4 West'n.lst 7s

C.Ran. la. Falls 4 N.lst Oh
Central Iowa, 1st m.78, 1899

OheBap.4 O.— Pur. m'y fund
68, gold, series B, Int. def.
68, currency, int. deferred

Chicago

4 Alton— Ist mort.

Income

S

Sinking fund
JoUet 4 Chicago, 1st m.
Louls'a 4 Mo., 1st m., guar
do
2d 78, 1900.
Bt. L. Jack. 4 Chic. 1st m.
.

do
do
do

1st guar. (504) 7». '94
2d M. (360) 78. 1.S98
2d guar. 188) 7s,'«S
1

Mlss.Riv.Bridge,l8t.B.f,88
Chic. Bur. & Q.—8 p.c, Ist
Consol. mort., "s

m

58,

sinking fund

1.4 P.—6s, cp.,1917
68, 1917, registered
Keok.4 Des M., 1st, g., 5s.
Jentral of N. J.— Ist ni., '90.
1st eonsolldated, assent'd

Convertible, assented
Adjustment, 1903

Leh.4 W. B., con., g'd.is'd
Am. Dock 4 Impr., ass'td
Ch:c.Mil.4St.P.— l8t.8».P.D
TTinrt.,

7«-in. P.D..1S98

fnce* uomiiuil.

.

123'

..

;ii8

tmii

t.

...

Ist Pa. diT.,coup., 7s, 191
reg., 7s, 1917
do

121

113
..
113
i03u'io:«<
I

lua
109
I2_l
12)
t!35

109

128>4i

lUO
109
...

I

12«!i I2H
119>4 120
128
12llH

gold 78, 1920

—

N.Y.I.,.E.*W.. newad6s..
do Ist.con., f, cp..7s
do 2d.con.,f.cp.,5».»s
Flint 4 P. Marq., M. 6s, 1920

il02i4

4

do
do

.

....

110

_,
112H

t

47Ji

80
ei'

66
80

7S
51

I

—

1st

110

.

53
96
89

..,

!

101W'!02

Miscellaneons List.
illrokerK' Quotations.)

.

RAILROADS.

.

112«

2
Boston Hartf. 4 E.-Stock.
70
Chic.4Can.So.— Ist ra.,g.,79
Chic.4 Southwest.- 7s.guar H20

...

113

i;:«'ii2
107HI1U8

Galv. II0US.4

10.59il

fis,cla99

H.— 79, gid,'

.

75

1

Kansas 4 Nebraska— Ist m.
2d mort

...
...

10-2S!

A.

do lst«8.Pelrce,C4<)
do Equipra't 73, '95
South Pac. cf Mo.— Ist m. tl08
Texas 4 Pac.-lst, 6s, 1905. 103

sb"
87)i«

45

47

Long Island- 1st mortgage. 112K 115
90
88
2d mortgage.
do
87
SS^
Mldlandof N. J.— 1st, new.
17
I8>a
Income,"A "
do
"B"
Stock
N.J.Simth.- Int.guar.,69. 99

3-89, class C.
3-«s. class B.

3
75

85^

N.Y.4Greenw. L.— lst.7s. n.
2d
do
St. Joseph A Pacific- 1st m.
2d mortgage
102W St. Jo. ft Western stock
108^

11

35
100
44
IS
92
54
27

109}^ 110
103
Sonthern Securities.
Consol. 65.1905
112M 113
86«:
Income and land gr't. reg.
mort.. West. Div., 7s., 111
1st RioGr, Div.,68, 1930.
9-A
Istraort., Waco4N., 73. *1I0
(a-6*er*' Quotations.)
120
Pennsylvania RK
Main line, 88
2d
STATES.
..Il40
....
Pltt.s.Ft.W.4 Chlclst m.
2d Waco 4 N., 8s
So.Carolina—
Con., 68 (good)
128
Ol^i 62K
103
105
2d
m..
do
do
Inc. and ind'y. 79
104
Browne cons
3d m..
\WH Ul Ill.Cent.-Dub.4SiouxC.l5t 103 105
do
do
51M
Virginia— New lO-lOs
125
Cleve.4 Pitta., consol.. s.f.
Dub. 4 Sioux C, 2d div
114
103
mort...
Ist
m..
4th
4
Minn.,
do
F.
Cedar
RAILROADS.
103« lnd.Bl'm4 W.— lst,pref.78 119 U9ii
Col. Chic. A I. C, 1st con
tllO
113' 114
Atlantic A Gulf— Consol..
2d con...
do
1st mort., 7s, 1900
89H
Cent. Georgia—Cons, m., 7s 117
79« 81
2dmort., 1909
do 1st Tr't Co.ctf s.ass.
142*4
Stock
ass.
S5k Ind's Decatur 4 Sp'd 1st 7s 106
do
do 2d
Charl'te Col.A A,—Cons., 7s 108 tt
suppl. 121
do
do 1st
Int. 4 Gt North. 1st 6s,gld. 113!< lib"
99
2d mortgage, 78
120
115
8t.L. Va.4T.H., 1st g.7s.'97
L. Shore— M.S.4N.l.,s.f.,7s 113
40
Stock
102 it
2d 78, 1898
do
1-.4W
Cleve. 4Tol., sink. fund.. 112
B. Tenn. Va. 4 Ga.— 1st, 78. 117
115
2d gtd.is, '98
new bonds. *
do
do
113)i
1(0
Stock
Rome Wat. A Og.—Con. 1st.
Cleve. P'ville 4 Ash., 78
113>i
112
Georgia BR.— 78
Buffalo 4 Erie, new bds... 120
Roch.4 Pitts Ist, 69, 1921
I'.O
102
Buffalo 4 State Line. 78.
St. L. 4 Iron Mount'n— lst?m
150
Stock
tlU
Kal'zoo 4 Vv. Pigeon, Ist. tl02
2d mortgage
Memp. 4 Charles— Ist cons 112
Det.Mon.4T.,lst.78.'1906 120
Arkansas Br.. 1st mort
111
1st cons. Tenn. lien ....
Cairo 4 Fulton, 1st mort.
Lake Shore Div. bonds. .. 120
E4«
Stock
cons, coup., Ist 1275^ 130
Cairo Ark. 4 T.. 1st mort.
do
Mississippi Cent.— Istm. 78 105
i06«
cons, reg., 1st.. 120 ,127
do
St. L. Alton 4 T. H.— 1st m.'*120
1!0
2d mort., 88
il08
..
.,
IJllOH
cons, coup., 2d. 125
do
2d mortgage, pref
110
'
124)9'123
107
N. O. 4 Jacks.- 1st m., 88.
127
income
cons. reg.. iJd
do
do
" Certificate, 2d mort.. 88... 117
'106
....
Belleville A So. 111., 1st m.
Louisv.4 Nash.— Cons.m. ,7s 119
..
let m., 88. 124
Northeast., S.
1125
106
2d mort., 7s, gold
St. P. M. 4 .Vanit'a— 1st, 78
118
2d mortgage. 8s
124
1OTK ..
Cectlion Branch, 7b
2d mort..«s. 1909
Rich. A Dan.— 1st ccnsol.,68 104(4
lOljil
Dakota Ex. 8s. 1910
N.O. 4.Mob..lst8s. 1930.. 101 103W
97
Stock
118
119
...
108
Tol. Del. 4B. r'ds, main 8s
E. U. 4 Nash., 1st 8s, 1919
Southw. Ga.—Conv .7a, *86. 110
105>j 106
S90
Gen.raort 8s, 1930
1st Dayton Div.. 69, 1910
120
Stock
1910...
i98
108
Trut.Bs.
Pensacoladiv., 6s. 1930.. tl04
Ter'i
1st
10«
8. Carolina HR.- ist m., 7e
Wab.St.L.4P..gen. .691920..
St. Louis div., 1st as, 19211 104 1108
49
Stock, assessmt. paid
93
2d 3!, 19801 55>i 50
do Chic.div..5s.l«10..
do
109
ilSlW
79, 1902, non-enjoined
Nashv. 4 Decatur, 1st. 7s. *121
do Hav. Div., Bs, 1910. *100
"0
Non-moitg. bonds
1.12
do T.P.4W.,lst7».1917' 116
,L.Krie4West.-1st68.191tl 109
I07H
Ist
78..
Western K.
ro..
tI22
8and'yDlv..«s,iniH'
do
....lOOHi VTab. RR.— Mortg. 79 of '79.' ins

IM

76:
or.

99
100
6
745s

tei

N.O.Mob.ATex.deb.9C.1930,
Ohio Centr.ii— Inc., 1920....
Ogdb'g4L.Cliamp. inc. 1920
Peoria Dec .4 E'vilie— Incs.
107H^
Evansv. div. Inc 1920 ...
10«k: Roch. 4 Pitts.-Inc, 192;...
St.L.I.M.4S.— Ist 79,prf
2d 68. int accum'Iatlve
Stg.Iron4 U'y.Ser'9B.Inc.94
Xol.Delp.A Bur.,lnc.6J.1910
IIOSJ^
do Dan.I)iv..«9.I910
Tex.4 St.L.,Ld G.ilnc.WJO
,

Pac—

S.F.,2d

99f

99H

48U

.Sd
do
4th
do
N.Y.LakeE.AW.Inc. 6s.197r

I'd

Istes, 1896
Denver Div.,6s,a8sd,'99
1st cons. 8s, 1919
Cen. B'ch U. Pac— l9t 6s
F'dCoup.69. 1895 .. .
Atch. C. 4 P., 1st 8s, 1905
At. Jewl Co. A W.-lst 8s
Utah So., gen. ro., 7s,190fl
Mo.Pac.lst cons. 6s,1920.
Pacific KR. of Mo.— ist m.
St.L.

....

103

.

2d pref. debentures

N. Y.Pa.40.,lst inc. ac. 5-79.

& Oregon.

io«

an

Mobile4 O.— 1st pref. deben

2d mortgage

97

4 S. Ant'o. 1st «9,
La Grange Ex .6»,1910

llar'g

Lake Erie 4 W'n— lnc.7s.'99
Sand'r Dlv..incl920
do
Laf. B1.4 Mu'n.— Inc. 7. 1899

93

Nevada Central— 1st m. 69.
N. Pac. bond cert. 69, 1921
N. Orrn9 Pac-lst6s,g.l950
8.

108
,

Ist 6s, 1893

-110

98

ind's Bl. 4 W'n-Inc, 1919..
Ind's Dec. 4 Sp'd. 2d Inc
Int.& Gt. Northern— 2d Inc
Leh. 4 Wilkes B.Coal— I88S1

i

1st 6s, 1905

Kansas

....,:19

9»'A idof^

C.St.P.fc M's L. Gr.,ln.6s,'98
lOOH lChic.4 Kasfn Iil..lnc..l907.

Sinking fund
Registered, Ss

iMH\U5

1C8«

Cent. Iowa coup, debt certs.

N.Y.4 NcwKng.— 1st 73,1905

Collateral Trust, 6b.

2d mortg., ext'n 5s. 1919. J108
107
3d mortgage. 7s. 18aS
4th mort. E.tt.. 5s. 1920... *108
athraortgage, 7s. ISaS.... 4113

1st

110

108

Chic.St .L.4N.O.-2d m. 1907
ICol.Chic.4Ind.C.,inc.7s,1890

State Aid bonds
Land grant bonds
Western Pacific bonds..
South Pac. of Cal.— 1st m.
Union Pacific— Ist mort
I.and grunts, 78

1121

!

I

N.Y.C. 4Hud., 1st m.,cp.
Istm., res
do
Huds. R.,7s,2dm.,8.f.,'83
Canada South., 1st, int. g.
Harlem, 1st m., 78, coup.
Ist m. ,7s, reg....
do
S. Y. Elevated— ist, 7s. 1906

Cal.

122k
113"

10I«

Osi

68.

Alabama Cent'l Inc.6s,1918
Central of N. J.— 1908

8s, real estate
69, subscription

San Joaquin Branch

117

.

1900, registered
Jpring.V'y W.Works— iBt

88,1887

.

107>i
115
118

98

;

Oregon R. 4 Nav.— 1st,
INCOME BONDS.

1st m., Springfield div
Ohio Cent., 1st m.. 89. 1920
do Ist Ter'i Tr.,69,1920
Panama S. F. Sub'y Bs. 1910
'eoria Dec. 4 E'vilie, 1st Os
Evansv. div.,lst 6s, 1920.
Pacific RailroadsCentral Pacific— Gold bds.

119

b.. 69.

West. Un. Tel.— 1900. coup.

Consolidated
2d consolidated

12:J>4

2d mortgage. 18. 1901. ...
Gu'f Col. 4 S. Fe-79,1909.
lllan.4 St. Jos.—89. conv...

24

—

1890.

Mobile 4 Ohio— New m., 6s.
NasU. Ch.it. & St. L.-lst 78
N. 1'. Central—8s, 1883

Onio 4 Mi9s.— Consol.

111

119

Albany 4 Susqueh., 1st m.
2d mort
'do
Ist con., guar
do
Rens.4 Saratoga, 1st, coup
Ist. reg.
do
Denv.4R. Grande— Ist.lWlO
1st cons. 7s. 1910
do
Den.S. P.&Pac.,lst7s,1905
Erie— Ist mort., extended..

1st.,

Ill

115
1919
St.Chas.B'dge.lst. 79. 1908i 100«
North Mis9ouri. Ist m.. 79i 123
Div.. 1st mort.,

Clarinda

N.y.Pa.40..prlor lien 69.'95
N.Y.C.& N'n.Oen.M.,Rs,1910

125
1

Omaha

4-5-6S. 1910.

H. 4 Cent. Mo.,

N.Wisc. Ist M., 6s., 1930
St. P.4 Sioux Cist 8s.l9Ifi *109
Chic.4E.lil..lstS.F.C'y,1907 1C9
Dei. iJick. 4 W.-7s, oonv.. *i;6
;i2ts
Mortgage "s, 1907
Syr. Bit sh. 4 N. Y., 1st, 76 122
133
Morris 4 Essex, tst

IClul.

4 No.— Ist

Hannibal 4 Naples, Ist
St.L. K.C 4 N.K. E.4 R.,

108

On. 1891.

2d mortgage, inc. 191 1

Ch.St.P.4 Min.,l8t 6S.1918 illl«

1st cons,

4 Sag

18
S8

101

48
17
97
50
31

'lIoU8.4Tex.C.-lst.m.l..7s
Ist

j

C

.

I

—

—

.

106

52^
118
120
147

109«
102

42
lis
105
112

155
116

. .

1

.'

.

'

.

I

ChicRk.

M

or

S3H

{Stock Exchanffe Pj-icen.)
Alabama Central.lst Os.1016
Bait. 4 O.— 1st 6s.Prk.t>.191ti

Erie-lst

131X

Long Dock bonds
Buff. N.V.4E, Istm., 1916

Quicksilver

4

105

—

91«

Mo.K.4T.-Gen.con.68.1920

iiOM

Sinking fund
Int. bonds
Consol. bonds

Consol. mortgage

; 27>t

Mil.

I

Ii.

1

Con8.ass..l904-6

C. St.L.4 N. O.- "Ten. lien 78
Ist con. 7s
C. St. P. Mlnn.4 O'aCons.es

S8Ji!

Sllve.-

Bost. H.

'

09

t....[

4 Northwestern-

4 Mil., lilt
Winona 4 St. P., Istm.
2d m
do
C. C. C. 4 Ind's— lat, 78, B.

3«

Mining
3«
Oregon Railway 4 Nav. Co. !151
Pennsylvania Coal..
Pullman Palace Car
I13i"

Ontario

Pt. Div., 5s, 1910....

..

I

l8t7s.'97

4 Cin.— 1st mort.

6s. 1409
Jack. Lan.

m

2

Imp

Mining

New Central

109

2d mort. ..
do
bonds. 1900
do
7s of 1871.
do
02
iBt con.,g'd..
do
il8«
Del.4IIud.Canal— lstm.,'84
48
l8t mortgage, 1891.
extended
do
Coup.. 7s. '94
do
01«
Reg. 78. '94.
do

129
78

S25
BU

Baltimore
Caribou Consol. Mining
Central Arizona Mining
Co.,

Central N. J.l.And

f8l«

61
117

Boston Land Co
Cameron Coal

f'^limax

4 Pac. div.. 6a,lH10.

1st ext.7a
\)Mi
dlv.7s.ex mat.cp. tlOSJi
2d mortgage ext.. ex coup) 111
Equipment bonds, 78, 1888 54
113
Consol. conv., 78
ni>i
Gt. 'W'estern. 1st m., ex cpl 111
112
do 2d m.,79,'93.ex cpl
0.4 Tol.. l9t, 7s,'90,ex cp t108
102
ni.ASo. Ia.,l8t m.7s,excp!
~
Ist St.

Equipment bonds

10«^:iO7

1

T.4Wab.,

Metropolit'n Blev— Ist.lHOS
Metropol. Elev.-2d 6s. 1899
Mich. Cent.-Cons., 7s, 1902
1st mort., 89, 1882, s. f

..

122
107><I109
;....'10O
....

Chic.

Memphis 4 Charleston

Canton

lOlkl

1910.

Wab. RR.— Continued.

1919

Ist mort.. ster)

7s, 1910...

.

Manhattan Beach Co

American

Marietta
..

Extension bonds
UOJ*
1st mortgage
124 J*
Coupon gold bonds
Registered gold bonds. .. 124H
106>v 108S«
Sinking fund
registered.. 1107
do
Iowa Midland, Ist m.. 8s.. 127 130'
Galena 4 Chicago, exten. 102
\M
Peninffuia, Ist m.. conv

.

A Western
do

N.Y.4Man. B ch

...

I

110

Pere Marq., pref.

Ind Bloom.
do

Minn. div. 6s,

m..H. 4D.,

6s.

Louisv.N.Alb.4Chlc— Ist 69
Manhafn B'eh Co.— 7s. 1909

123JS:121

.

B1.4Mun.— 1st

Laf.

C—

I

108
112
118
119
10«

93

.

.

'

,

^

And aocrued intereat.

<

So price to-dsy

;

ttaea* are

lutMt ottoUtloas BLtii».lLii

wwk.

i

C—

No Q uoUt ton todaj;

.

110
51
112

71M
109X

latast uile tbla week.

.

1

APHIL

.

,

.

1

,

.

THE CHRONICLE.

80, 1881.]

NEW YORK LOCAL
Bank
COHPAKIBS.

.

C*PIT*L.

Stock

4B5

SECURITIES.
Insnrance Stock List.

I,tat.
[

P«ioa.

DlTIDIUDl.

Sorplni

laoMtlont by K.

B.

BaiLir. Broker.l Fine Street.]

at latest

Mark'dlhDi('> &
are not

^ Amount •'""••Mpenod

Na'.'!.

America'

Am.KxchaDge
Bower/
Broadwav

1879. 1880.

850,000 20il,100 I. A J.
25 1,000,000 1,263.900 I.* J.
181,7.X)I .1.* J.
»00,000
2.^1

10
16

lOo'

Bntckera'ftDr.
Ceotral
10o!2,000,000

468,700

Cbaae

1001

liW.llOO

Chatham

25
100

300,00(1
450.(100

6
7
3
6

I.*. I.
M. & S.

7

.lao.

7
10
IB

Hay,

6
6
100
8
7
10

and of date March

May

May.

B

7
7

8
8

••'I.

•81,
•81.

.Ian.,

iixciianite

Farragnt
Firemen's
Firemen's Tr

an

130

98

July,

'81.

96W

Hanover
Hoffman

Home

....

Hop3

I

Howard

137

81. 4
4

81. 4
81. 3

145

75

Iraporters^4 T.
Irving
Jefferson
Kings Co. (Bkn)

•79. 2ii

103
12
130

Larayette(Bkn)
Lamar.. .[..

•81.

Tan.,

Jan., 81. 3
.Ian., •91.
Tan,, •bl.

Knickerbocker

Lenox

Mi

8«

LongIsl.(Bknjt

5

Lorlliard

Nov.,

6

3
7

8

•80.

3

10

May,

•81.

2H

7

Jan.,

•81.

4

?

3

"i

107

Mech^lcs'CBkn)

Jan., •81. 4
Jan., '81. 4
Keb., •81. 3)i

Jan., SI. 3H,
Jai., •81. 3
Jan., 81. 3h
Jal., •81. 4
Jau., 81. 3>s
Ua., 81. 3

Mercantile.,

Merchants'.
100'

101

N.Y.Kqultable

152m id

New York Fire
N. Y. 4 Boston
New York City
Niagara
North lilver...

luly, 74. 3),
Feb., 81. 4
141

1:0

Pacific

Park
Peter Cooper..
People's

Jai.. '81. 3

Jan.

Uontauk (Bkn)
Nassau (Bklyn
National

6Ji Jan.,

6
10

'

Manur.4 BuUd.
Manhattan
Mech.4Trad^rs

Jan., •81. 3

8
7

Globe
Guardian
Hamilton

137
140

3«

May, 79. 8

8

..

Franklln4Km(
German-Amer.
Germanla
Greenwlch»...

3X

Jnly, 80, a
Tan.,; '81. 5
.Feb,
Jan.,
Jan.,
Jan.,

...

ConttneataL, t
Kagle
KmplreClty....

Jan.,
7
Jan., 81. 4

6« May,

.

•81.

5

8

Jan., 81. 4

Phenlx

6
7
7
7

Jan.. '81. S

Belief.

M.iy, •81.

3^

10

81. Aii
Jan., •81. 4
-May. 81. 5

1-4

Jan.. 81.10

Bepubllc

t

Kutgers'

.Ian.,

Standard

1K«

Star
Sterling

80

Stay vesant
Tradesmen's.,..

11, 1881, for

the atate banks.

12, 1881, for

Columbia
Commercial

Feb., 81. 3
81. 8
•81. 3
Nov 80. 3

S

6
6
7
8
3

.

Mir.

May,

...1

City
Clinton

,

Apr., •81. 4

14

.

(late

Cltltent'.

1778

J^n., 81. 4
Jan., 81. 3«
Feb •81, 8
Jan., SI. 3X

8

h

column are of

Brooklyn

an

Jan., 81.10
Jan, '81. 3>

T

Sifures In this

Uowery
Broalway

Mar. 81. 4
Jan. "81. 8
Mar. •81.15

30
7
7
5

„

•The

American
f
Amerlccn Bzch

8M
i^

,

July 76. 3
Jan. •81. 8

.

.

Jan

May, «1.1«

1

l|

Pbios.

189

8

'81.
•81.

'Ian.

Jan., •81.

Jan., '91.

.

A

3H

•81.

•81 3),
iseji
Jan., '81. 6

SN
7>4

160.400 J . * J .
300,000 3,:t« «0« Illm'ly 100
Chemical
6
Cltlzene'
26 600,000 181,700 J.& J
City
100 1,000,000 1,831 ,00» M.&N, 10
8
Commerce
10(J 5.000,000 2,866,1001 r.* J.
23H,S00 r.4,J.
;o0ii.ooo,ooo
OoBtlanDtal
Corn Kxch'ge*. 100 1,000.(XI0 U03,700 F.AA 1?«
67.100 I.& J.
SastKlver ...
25 230,(XX)
1.1.51)0 I.& J.
100.000
11th Ward'.... 25
47.61 Ki I. * J
150,000
Fifth
100
Fifth Avenue'. 100 100,000 837.S0OJ
500,0(i0 2.602,500
120
Flrat
100
6
Fourth
100 3,i!00,00tr 1 080,5.10 1.4.1.
7
Fnlton
30 »00,0(K) »«7 300 |M.*N.
eallatln
50 1,000.000 815,ro., A.& O,
Oermau Am.' 75 750,00(1 loi.sooi P.* A.
00.700
200.000
May.
German Kxch.' 100
»'.500 M.JtN
Germanla*
100 200,000
26 OOul M.SIS.
Greenwich* . 25 200,000
10()|l,OtlO,000
2H5.800 1.4 J
Hanover
7
Imp.A Traders' ioo;i,3oo,oo) 2.007 800 .J. 4 J
14
U3,'.i00 .1.4.1
Irvlngr
8
501 600,001
laland City' ... 50
100,000
5,!iOC J.* J
Leather Manuf. 100 600,000 444 UOO .1.4 J.
"s
Manhattan* ... 502,050,000 :,04H 5.x>i F. 4 A
7
Marine
3
)'2S loo J. 4 J.
400,000
100
Market
500,000 306 600 .1.4 J.
100
Mechanics'
252,000,000 l,10S,Ooo J. 4 J.
Mech. AsBoc'n 50 500,000
an.oou M.4N.
4
MechMcs
42.400
Tr. 26
200,000
Mercantile
17O.8O0 m'.4N.
10(1 1,000,0(XI
Merchants'. ..
602,000,000 7-20,500 J. 4 J.
Merchants* Kx. 50l 1,000,000 181.400 J. 4 J.
Metropolis*.
70,700 J. 4 J.
100! 300.000
Metropolitan .. 10013,000,000 i,:8j.2oo! J. 4 J.
Mount Morris* ...I 88,700
Murray iini*.. :oo| 100,000
76,300l J. 4 J. 12
Nassau*
5
81,6001 M.4N.
10011,000,000
New Vcr». .. 10012,000,000 75D.500 J. 4 J. 8
N. y. County.. lOOl 200,000
8
48.000 .1.4 J.
g.Y. N. ixJh. 1001 300,000
88 300 F.4 A.
Ninth
14U.6<l0l J.* J.
100] 750.000
No. America'.. 70 700,000 180.4001!.).4 J.
North Klver*
8i.9i0 J. 4 J, "i
SOI 249,000
Oriental*
180,800 1.4 J.
8
25j 300,000
Paclilc"
60! 422.700
231,700 Q-F.
10
Park
... 100:2,000,000
878.0001 1.4 J.
6
People's* ...
•23;
121.300; 1.4 J.
7
412,500
Phenlx
221,500; J. 4 J.
3
20,1,000,000
Produce*. ..
1,400
50;
125,000
RepnWlo
5001
T20
F."4a!
100 1.500,000
St. Nicholas... 100, 500,(100
128.700 J. & J.
Seventh Ward
56,200 •J 4 .1
300,000
Second
84,000 .J. 4 J.
300.000
Shoe is Leather
175,500 1.4 J.
600,000
S:xih
81,210 J. 4 J.
.„, 200,01X1
State of N. r
1001 800,000 310,3 00 M.4,N.
Third
100 l,C0f),OilO, 214.10'j J. 4. 1.
Tradesmen's
40 1 ,000,000i 326 400 J. 4 J.
tTnlon
50,1,300,0001 776.100 U.4N.
United States, 100 260,000
300
west Side*
IOC
200,00
124,000: 1 4 .1
I

Bid. Ask.

Last Paid.

CoarAjiist

J.* J.
M.AN.

KXjS.OOO.OOfl •.581.400
10()|0,000,000 l.HCl.S'W

the National bank'

United States..
Wpstchester. ..

WUliamsb'g C

Gas and City Railroad Stocks and Bonds.
IGii (jnotallons Dy ueOTKe U. Prentiss, Broker, 17 Wall Street.!

Over

Gab Coupanikb.

Par.

Brooklyn Oas Light Co

Citizens Qas

do
Harlem
Jersey Ctty

25 2,000,000
20 1,200,000

Co (Bklvn)
bonds

l.COO

Ifetropolltan

V

do
CertlAcates
Mutual. N. y
do
bonds
Nassau, Brooklyn

do

scrip

,

Bondj
Bonus

r.

1,000,000

IjpOO

37.1,000

Var.

Central 01 ftew Vork
Willlamsourir

do

315,000 A.

50
80

bonds
Brooklyn

1,000

etropoll tan,

'iob

byH.

Bleecker St. S Fult. Ferry— St'k!
1st mortgage
Broadway t Seventh Av.— Sfk
Ist mortgage
Brooklyn City— Stock
1st mortRaKe
Broadway (Brooklynl— Stock
Brooklyn 4 Hunter's Pt.— St'k
Ist mortgage bonds
Bnshwick Av. (B'klynl—Stock.
Central Pk. N. 4 E. kIv.— Stock

1st mortgajie

M 4N.

1

100
1,000

750,0001 M.4N.
5aj,oooi

Extension

1,000

100

2(Kl,00)

Ist Euurtga^e

Third Avenue—Stock
1st mortKa;:e

A. 4 0.
J. 4 J.
J. A J.

Q-J.

4 D.
F.4A
J. 4 J.
J

.

Q-F.
*D.
Q-JJ.4J.
M.4N.
A.40.
J.

.M.4N
ft

J.

1,199,503
150,000

J.4J,
A.4U.

l,0."iO,000

V(.4N.

$tocla,

Ask.

«

Including re-lnsarance, capital and scrip,
t

City Securities.
iiH"

Apr., •<illll3

Aug., 80
I8S)S

Feb.
Jan.,

Ap-.,
Fefc.,

45
03

jlOO

7.5

80

145
175
,1J5

:80
137

63

Feb.. 81 xlOO lias
Apr.,
65
67
I

1882

101

104
52

48
98
X)1W|
25
?S«

2)iiDci;.

3>iiMay,

1

May,
Jau.,

19«7
1900
July,

101
70

104

.Jan..

60
60

1000

8'1

101

63
Ot
101

.Tan.

65

61

Apr.,

16J
103

160
110

188S

55

Broidway.]
Jan., 'H 23)t' 26
J'lv,1900il05
110
Apl., 'Fl 125
130
July, '8) 10,3)< 106
May, '81 !«5 170
Nov., '8') 102
110
Apl„ '81 140 150
Apr., '^1, 95
100
1888
102K 103
Jan., 'all 115
100
'81
Apl.,
108
112
l)ac.l802, 112
115
Feb , '81, 90 100
l><98
100
no
1

May,

liabilities.

all

t Surplus includes scrip.

Date.

'81 165

Jan.,

SI loe

May,

'81 170

Apr., '93

no

Sov.1901 103
so

LQnotatlons by DAHist, A. Uobait, Broker, 27 Pine Street.]

INTKEBST.

KeiB rork:
Water stock

18)1-63.

Croton waierbt,ock..lS45-51.
do
do
..H5-i-60.
Croton Aqued'ct stock. 1865.
pipes and mains.
do
reservoir bonds
I0
Central Paik bonds. .1S5S-57.
..18,53-65.
do
QO
Dock bonds
ISTO.
do
1^75.
1365-68.
Market stock
1869
)vement
stock
Im^t
1819.
do
CO
var.
Consolidated bonds
Street imp. slock
var.
do
do
var.
New consolldared
Weitchester County
.

:

—

Consolidate 1

,

Asses-meot

5
5

Feb.,

e
7
6
5
6
7
8
7
6
7

110
18C

ItO

July. '94 102^ 106
Jan., 81 9;iv 101
Apr. '85 100
102X
(let., •80 104
106
8ent. •83 101
•81
Feb.,
163
J 11 y •no' 1 10
Feb., •8r 180
•901108
lulv,
412
F»b , '81 145 150
1

May, 'rfSilOS 113
nnt the date of maturity of ioiiis

do
do
do

Mav 4 November.
do
do

May 4

100
106
104
106

U2

January
do

?"

do
do
do
do
do

4 July,
do

Qua^'terly.

May 4 November.

Jaiiiary

do

do
do

Water loan bonds

do
do

4

1

New

July,

io
do
do

do
do
do
Itay 4 November,
no
do
January * July,
do
do

Kings Co. bonda
do
do
Park bonds
Brlites

123

ini

107
lOU
120
128
120
109
!16

me

116
128

108
118
123

108
105
lie
r23
112
103

St,]

ISSO-ISSS 102^ 108
118
:9i5-ls«4 137
140
1HOO-I«.'4 137
140
UI04-19!-? 137
140
1880-1902' 107
123
lS81-l,siKi Wi
118
1880- lw»ti 106
111
18.80-18831114
118
1984
127
,124
1907-1910 121
125
l8o.3-18,tl 107

ao
do

City bonas

108
115

181 IS
115
1894-1897 127
1889
107
18<I0
115
1901
122
1SS«
107
1882
102
116
1896
1894
122
19W 109
1884
102

Novo'n?)er.

do
do
do

7
I
5

1898
1893
1901

do

do
do

P'lrkbonds

Bat.

[Qnotstloiu by C. Zabriskii,

Jernty Cliv~
Watei loan , long

e
1M»-71.

7

I8«g-<1.

7
7

Improvement bonds
Bersen bondi

18!M-1«()0

(*o

May 4 November.

?*•

Srootii/n— Local Im ir'em't
City bonds

All Brooklyn bonds

1880
1890
1883-1890
1884-1911

Bid. AsSE

Feb. .May, Aug.4 Nov. 1907-1911 lis

[Qncutlons by N. T. Bisbs, Jr., Broker,

do

due.

May Aug. 4 Nov,
do
do
do

6

Waier loan
115

Bonds

Mouths Payable.

Brtdgebonds....

June, '93 114
A pi., SI 175

40

200,000 M.4 8.
100
750,000 V1.4N.
1,000
500,000 J.* J.
100 2,000,000 Q-F.
1,000 > ,000,000 J. 4.1.
100
600,000 F.ftA.
1.000
280,000 M.4N.

Twenty-third Street- Stock.
lat mortgage.
» Tuia column shows last divldena on
.'.

J.

J.4D.
Q-F.
M.4N.
Q-J.

250,000
600,000 J.

5004 c

Avenue— Stock

4

900,OOOi;J

145

694,000 J. 4 J.
100 2,100,000 Q-J.

1,000
1.000

Consol. convertible

4N.

L. Geast, Broker,

600
100

Second Avenue— Stock
8d mortgage

8.

1,000,000 Quar,
1,000/X)0 A.k 0.

.

lat mortgago
HouRt.West St.i Pav.F'y— Sfk

4

125,000 Var.
486,000 F.X A.

1,000 1.500,000
10 2,000,000
1,000
300,000
100
200,000
100
400,000
1,000
300,000
100
500,000
100 1,800,000
Consi)lid;itei] ranrt. bonds
1,000 i,'ioo,ooo
Christopher* Tenth St.— Stock
100
650,0(10
Bonds
1,000
230,000
Dry Dock E.B.& Batt'ry- Stock
100 1,200,000
lat mortKaffe, consolidated
o004c
900,000
Eighth Avenue— Stuck
100 1,000,000
iBl mortcage
1,000
203,000
42d St. i Orund St. Ferry— St'k
100
748,000
IstmurtKu^o
1,000
2S«,000
Central Cross Town— Stock ....
100
600.000

Sixth

.Vf .

100 1,000,000 M.
100 3.000,000

MunlrlpiU
do
bonds
Fulton Municipal
ignotatlons

40.

100 5,000,000 Quar.
1,000 1,000,000 F.& A.
28 1,000,000 Var
Va . 700,000 M.4N.
100 4,000,000 M.AN.
10
,000,000 I. 4 J.

,

PHnpie'K (Brooklyn)

If

Var.
Var.

50 1,850.000 F.4A.
20
750,000 J. 4 J.
80 4,000,000 J. 4 J.
100 8,500,000 11.4 S.

4 Uoboken

Manhattan

New York

Amount, Period.

47

Montgomery

January
January

4
4

St..

Jnly.
Juiy.

J.4 J.and J 4 D.
January and July.

Jersey City.]

1(6
I8»5
188»-10O2 .11
18UI-M '08
1900
07

107
112
110
108

:

.

.
..

—

:

;

THE CHRONK^LE.

466

*'

[Vou xixn.

The company has now

821 miles of its road laid with steel
being an increase of 204 miles in the past year and the
following new equipment has been added 58 locomotives, 3
sleeping cars, 16 first-class coaches, 13 baggage, postal, mail
and expre.s3 cars, 3,000 box freight cars, 30 cabooses, 550 stock
cars, 700 flat and coal cars, 1 steam excavator.
"The entire cost of the company's property, including rolling
stock, depot grounds, cattle yards, elevators, warehouses,
docks, &c., is represented by

JuxjjcstnxiCttts

rails,

;

:

STATE,

CITlt

AND CORPORATION FINANCES.

The IifTBSTORS' SupPLBMBST contains a complete exhibit of the
Funded Dtbl of Stales and Cities and of th'. Stocks and Bonds
of Railroads and other Gjmpanies. It t« pablishei on the last Common

—

Saturday of every other month viz., February, April, Jane,
August, October and December, and is furnished without extra
charge to all regular subscribers of the Cheoniclb. Single copies
are sold at $2 per copy.

$15,404,261
stock
12,404,483
Preferred stock
Mortgage bonds, including $3,000,000 of pre-existing mort70,172,000
gage debt on purchased roads

$97,980,744
Making a tot.il of
on 3,775 miles of road, being at the rate sf $25,955 per mile."
Statistics for four years, compiled in the usual
Chbohicij!, are as follows

ANNUAL REPORTS.

form for the

BOAD AND EQUIFMENT.

Milwaukee & St. Paul.
year ending December 31, 1880.)

Chieagro

{For the

Miles
Miles

The

report of the President, Mr. Alexander Mitchell, shows
that the gross earnings in 1880 were $13,086,118, an increase of
$3,073,298 over 1879. The eperating expenses increased $2,268,630 and net earnings $804,668. The average price per ton
per mile received for freights for a series of years past has
been as follows 1872, 2 43-100 cents; 1873, 2 50-100 cents; 1874,
2 38-100 cents ; 1875, 2 10-100 cents ; 1876, 2 4-100 cents ; 1877,
2 8-100 cents 1878, 1 80-100 cents ; 1879. 1 73-100 cents ; 1880,
1 76 1100 cents.
" In our last report it was stated that the comoany owned
Jind operated 2,231 miles of railway, of which 199 miles were
embraced temporarily in other organizations. Of these 199
miles, 120 have since been transferred to this company, consisting of the Viroqua Railway (32 miles), the Madison & Portage
Railroad (39 miles), both in Wisconsin, and the Dubuque
Southwestern Railroad, extending from Farley to Cedar
Rapids, in Iowa (49 miles). The Minnesota Midland (59 miles)
and the Oshkosh & Mississippi (20 miles) are still held and
operated by the company on contracts of lease ; but the securities of both are almost wholly owned by this company.
The
following roads have been purchased during the year
:

;

I's'd

1879.
2,231

260

128

1,412

1,772

2,359

214
177

226
192

299
231

425
319

3,956

4,316

819

914

5,931
1,372

10,530
2,810

& contrel'd

Total oi>erated . .
I.«comotlves
Pass., mail & exp. cars
Freiirht cars
Coal and other ears .

1880.
3,775

1878.
1,512

1877.
1.412

owned

3,775

OPERATIONS AXD FISCAL BESULTS.

—

Operationt
2,127,501
1,555,446
1,139,621
1,412,603
carried...
Passengers
•
55,925,449 65,498,189 78,119,592 111,561.919
Passenger mileage
2-84 cts.
3-21 cts.
2-93 cts.
3-09 cts.
Rate per pass. p. mile
3,260,.553
2,,559,734
1,955,699
1,687,057
Freigtit (toii8) moved
Freight (tons) mil'ge.271,.598,133 321,818,902 401.595,734 504,876,154
1-70 eta
1-80 cts.
2-08 cts.
172 cts.
Av. rate p. ton p. mile
$
Harriings—
3,159,051
2,011,496
2,273,701
1,780.169
Passenger
8,884,227
6,850,755
5,7.50.497
5,627.906
Freight
1,042,841
888,363
689,774
70d,819
Mail, express, &o*
Total gross cam'gs. 8,114,891
Oaerating expenses—
$
808,090
Maint. of way, &c....
677,288
Maint. of equipment.
Transporfn expen'st 2,277,109

Extraorduiary

10,012,819

13,086,119

^ ._
784,400

438,244

845,883
748.143
2,581,029
306.614
45,906
264,738

329,965
46„522
330,856

. „.„^„„«
1,549,279
1,086,899
4,073,7a6
375,028
45.914
611,549

4,540,433
3,574,461

4,792.313
3,659,454

5600

5670

5,473.794
4,539,025
54-70

7,742,425
5,343,694
59-20

38,.593

Miscellaneous

$

1,037,643

301,109

Taxes

8,451,767

2,944,408

ililei.

Hadtings & Dakota extension, from Glencoe to Ortonville
Soutliem Minnesota Railway
Cliicago Clinton Dubuque & Minnesota Railroad
Wisconsin Valley Railroad
Mineral Point Railroad
..:
Pine River Valley & Stevens Point Railroad
Chicago ,fe Pacific Railway
;8iouxCity & Dakota Railroad

128
347
324
109
51
16
89
131

.

Making of lines purchased a total of
" The following addition to the
'been constructed during the year.

mus.
Division ...

Albany
Beloit

& Dakota Dirlsion, from

3

26

7
11
78
22
28

Minneapolis to Benton, on the Hastings & Dakota Division.
westerly threugh Mitchell, Iowa & Dakota

Division

. .

80

Valley, on the Iowa & Dakota Division, to Eden, on the
Sioux City & Dakota Division
10
St. Paul to Minneapolis
8
Flandreau, in Dakota, on the Southern Minnesota Division,
west to Madison
28
Abrauch from Ej^an, on said division, to DbU B;ipids
13
An extension of the Dubuque Division, from Midland Junction to
Clinton
7

From Rock
From
From

Making in all, constructed
349
" The roads purchased and constructed give an increase of
1,544 miles, and make the company now the owner of 3,775
miles of completed road." » * *
" The purchase of the Chicago & PaciBe Railway gave the
company a line directly west from the city of Chicago to Rock
River, which required only the construction of 26 miles to connect with the Southwestern Division of this company near
Lanark. That connection has been made, and the company
now owns a direct route from Chicago to the Mississippi River
at Savpnna, and thence westerly to Marion and Ced.ar Rapids.
The distance from Marion to the Missouri River at Council
Bluffs is about 265 miles, and with the construction of a line
between these points the company would have as direct and
short a line from Chicago to Council Bluffs as any other company." * * *
" la connection with the purchase of the Southern Minnesota
and Southei'n Minnesota Railway Extension companies, this
company became the beneficial owner of 315,000 acres of excellent land near the lines of those companies. The company has
also received from the Government; on account of the extension of the line from Algona to Sheldon, in Iowa, 120,000 acres,
and by a .settlement with the McGregor & Missouri River Railroad Company. 130,000 acres. It has also claims on the Government, which it hopes will be recognized, for 170,000 acres in
addition. A land department has been organized and is now
disposing of these lands, which have much to commend them to
iaettlera, and are in good demand*"
* *
.

1.

Miscellaneous
Div8. on pref stock
Divs. on com. stock

west

1880.

1877.

1878.

1879.

1,433,645
3,574,461

2,359,306
3,659,454
13,430

2,520,074
4,539,024
74,517

3,531,538
5,343,694
324,298

6,032,190

7,133,615

9,199,530

$

$

Balance January
Net earnings
Other receipts

Total Income
Disbursements—
Interest on debt

dirootion

From Bridgewator

ntCOMX ACCOUNT.

25

Ortonville

A branch from Milbank Junction, on said division, in a northwesterly
Prom

..

Receipts—

it.

the Hastings

Including elevators, stock-yards, &c.
^ ^
iiyurics and damages to
t Including elevators, stock-yards, personal
property, legal, insurance, rent of cars, &e.
*

company have

Facitlo Division, from Byron to
An extension of tue Chicago
Lanark Junction
An extension of the La Crosse & Davenport Division, from Fayette
to a point on the Iowa & Dakota Division near Fort Atkinson
An extension from Brodhead, on tbePrairle du CUen Division, to

An extension of

P.c. of op.ex. to ear'g«

1,1D5
lines of the

A branch to LibertyvUle from the Chicago & Milwaukee

From Janesvllle to

Total operating, exp.
Net earnings

.

Sinkingfuud
Balance, surplus
Total

5,008,106

2,135,730
32,040
1,289,346

53,000
2,359,306

'55,006
2,520,071

5,008,106

6,032,190

S

%

fR

9
2, 162,159
4,034
429,607

2,287,407

2,837,385

859..564

385,106
70,000
3,531,538

859,561
11,078,298
81,000
4,343,283

7,133,615

9,199,530

of these dividends on preferred stock was stated as payable
out of the earnings of the previous year as follows: In 1877, $429,607
In 1878. S859.564: in 1879. $429.781 ; and in 1880, $429,781.
1879.
t $968,931 paid out of earnings of
*

A portion

GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAK.
Assets

1878.

1877.

—

$

$

Railroad.equipm't,&c 56,886,833 59,001,257
1,515,750 » 2,469,096
Stocks owned, cost...
3.33,171)
Bonds owned, cost ...
185,610
161,653
Bills&acc'tsrec'vable
133,127
199,186
Materials, fuel, &c...
976,160
1,181,017
Cash on hand

Daven.

& N'west RR

Miscellaneous items..
Total
Liabililies

—

Stock, common
Stock, preferred

1880.

1879.

"

63.399,448
7,133,028

483,604
3Sr),971

801,694

"P

99,185,683
'2,163,567
733,992
564,715
382,951

1,7.^)0,000

232,736

264,565

318,660

60,562,205

63,083,910

74,066,074 103,313,644

15,404.261
12.279,483
32,088,500
305,877
2,520,074
484,715

15,404,261 15.404,261
12,279,483 12,401,483
41,349,500 167,172,000
789.927
2,067,165
4,343,283
3,531,538
1,048,541
711,365
873,911

63,083,910

74,066,074 103,313,644

$
1 5,404,261

12,279,483
Bonds(sce SuprLEM'T) 29,954,500
200,099
Allothcrdues&acc'ts
2,359,306
Income account
364,556
Unpaid pay-rolls, &o.

Advances
Total UabiUties... 00,502,205

ll-.!,3-29

in this item from 1879 is cansed by the merging
into the C. M. & St. P. system of several roads whose bonds and stocks
were held, and which ioarts are now included under " construction."
The items in 1880 were as follows: Stock and lionds of Dubucjue Southwestei-n RR., $218,033; bonds, stocks, Ac. of Minn. Midland. .$307,751;
Madison & Portage RR. bonds. $381,271 Oshkosh & Mississippi River
*

The large decrease

;

RR. bonds, $205,000; Sioux City & Dak eta stock and bonds. $508,871;
Dakota So. stock and bonds, $81,390; McGregor & Mo. R., $-150,550;
Clear Lake Park lionds. $3,000 City of Hastings bonds. $7,700.
f^onsol.
t This item was increased bv the issue of the following bonds
niort, $1,700,000; Iowa & Dakota extension, $7'J6,000; La Crosse*
;

:

Davenport, $715,000; Chicago & Pacillc, $3,000,000; Hastings & Dak.
Div.. $4,060,000; Southern Minnesota, $6,800,000; Mineral Point,
$1,-200,000; Dubuque Div, $6,022,000; Iowa & Dakota Div.. $5,000;
Wisconsin Valley, $1,700,000; land grant incomes, $373,000; total
increase, $26,301,000. Bonds already issued were decreased to th*
extent of $478,000, making the net increase $25,822,500.

:

Afbil

St.

THE CHRONICLE.

1881.1

80..

'

.

Loals Alton

& Terre Hante

(For the year ending

Railroad.

PassengerR carried

Dec. 81, 1880.)

MAIN LUTE * ALTON BRANCH.
The receipts of the Indianapolis & St. Lonis Railroad Company, leasee, from this portion of the property, were as follows:

From—

1879-

$915,240

2711,it41

312.U()4

19.835
26.986
77,892

116.6.->0

$1,040,023

$1,417,663

Express
Mall
Ml8eeil)mcouB
Total

IS-SO.

$643,367

Frclelit
Pas8ei.>!era.:

4(>r

22,.'S2:i

20,341

Tons freight curried
Avoiage receipts per passenger
Average receipts per ton

1880.
1,185,080
1,026,035

1879.
1,102,701
1,407,458

Inereate.,

68^i<l.

65 •4d.
100 >sd.

3>«l.
5>id.

11 5d.

Great Western of Canada.
(For the half-year ending January 31,

H2.3B8
22 1. .',07

1881.)

charges to capital account amount,
less credits, to £7,775. Terminable bonds amounting to £67,400,
bearing
per
cent and £8,500 6 per cent interwhich
£58,900
of
7
Five per cent perpetual debenture
est, have been redeemed.
stock, amounting to £61,500, has been issued during the half-

For the half-year the

total

year.

The revenue account is as follows:
" Showing increased earnings in 1880 over 1879 of 1377,639.
1880-81.
1879-80.
Inereate.
inerea.se
of
an
$243,702
$980,723—
1880
were
expenses
in
The
£461,140
Gross eaminga
4513,042
£91,90-.i
of
1880
absorbed
eipense.s
1879.
The
expenditares
of
the
Expenses
315,536
283,740
over
3130a
69'17 per cent of the eaminsrs, as compared with 709 per cent
£177,400
Neteamings
«197,506
£20,106
in the preceding year. Of the annaal minimum rental of Interest, Iom on leased lines, &c...
08,734
98,190
544
f450,000 due this company, the lessee company paid $422,283
£98.772
£79,210
Balance
£10,562
under the order of Court requiring the payment of 30 per
9,240
9,240
cent of the gross earnings, leaving a rental balance of $27,716 Det. Q. H. & Mil. dividend
Expenses include transfers to reserve funds, and were 61'51
due for 1880. The total balance due from the lessee company,
December 31, 1880, on rental account, amounted to $490,204. per cent of net earnings, against 61*25 per cent last year.
The statement of revenue for the entire year is as follows:
This portion of your road has been indifferently maintained
1879.
18S0.
Inrreate.
during the year. Indeed the superficial improvements and
£826.!)11
Gross
earnings
£950,476
£123..5tJ5
renewals made by the lessee company, for the past ten
560,710
616,763
56,055
Expenses
years, to the leased plant have resulted in a general impairment of the property." * * •• The pending suit against the
£266,201
£67,510
£333.711
Neteamings
197,162
4,717
201,879
lessee company and the guarantors, to enforce the provisions Interest, &c
:

of the lease,

is

*

progressing satisfactorily."

*

Balance

"The

Belleville Branch (or Belleville Divisiot.) own.Dd by the
the Belleville & Southern Illinois Railroad (or Du
;
Eldorado Railroad (or
Quoin Division), and the Belleville
Eldorado Division), leased lines, form what is commonly known
as the 'Cairo Short Line.' The gross earnings of this line
for 1880, compared with those of 1S79, are as follows

company

&

PasseuKers
Coal
MiscellaneouK frelgbt
Mall
Express
lUscellaneoas
Total

Expenses

Neteamings

1880.

$116,847
204,126
222,043
8,541
5.243
8,797

$150,313
248,233
299,999
10,923
8,420
11,188

$565,602
289,751

$729,078
352,230

$163,476
62,478

$275,850

$376,847

$100,997

Increase
$33.4el6

44,107
77,936
2,378
3,177
2,390

Of this total increase of $163,476, the sum of $30,276 was
earned from July 1 to December 31 on the Eldorado Division
(Belleville & Eldorado Railroad) leaving an increase of earnings
on the Belleville and Du Quoin divisions, of 133,200 as compared with the preceding year. This handsome result has been
attained partly by the lease of the Bellville & Eldorado Railroad, and partly by the increased improvements of rates on the
transportation of coal and general traffic between St. Louis and
Belleville."

ACCOUNT FOR 1880.

Interest on funded debt

$474,000

Main
Main

line expenses
line le^al expenses
e<iiiipnient

9, .583
,

Trausi'ortation expenses, Cairo Short Line
Bental B. &S. I. RR
Reutnl B. i E. RR

Balance

2,6ol
43,950
352,230
147,344
9,082
*735,286

$1,774,130
Credil.

Balance from 1879
Uinininin rental main line
EaniinRB Cairo Short Line
Net amount received from special committee, collected from
purchasing committee
Interest
land sold

$158,179
450.000
729,078
432,327
4,095

450
$1,774,130

'The credit balance of the income account Is not an actual cash
balance, but is composed principally of claims for rent against the lessees
that are now being litigated, and of the nominal par of eciuipment mortgage bonds, received in part settlement of the suit against the purchasing
committee.

Grand Trnnk of Canada.
(For the half-year ending Bee.

Net earnings

„

Total

Per cent of expenses

The tra^c reported

£62,793

£69,039

£81,286

18,493

Charlotte Colnmbia & Angnsta.
(For the year ending Sept. 30, 1881.)
The earnings of the year were as follows
:

$152,623
359.366
29,126

1878-79.
$132,521
298.473
47,490

$541,116
356,549

$478,491
245,822

$184,566

$232,669

1879-80.

Passage
'.

Total

Expenses
Net earnings

The income and

profit

and

loss accounts

were as follows

:

$184,566
191,033

Net earnings, as above
mtereston aU debt

$6,456

Deficit for the year

632

Judgment paid Carolina Central Co

$7,089

Total...
Profit and loss Sept. 30, 1879
Collected on old accounts

$105,121
1,360

106,482

$99,392

Balance, Sept. 30, 1880

Little Rock & Fort Smith.
(For the year ending December 31, 1880.)
The annual report gives the number of miles of railroad in
Little Rock to Fort Smith, 165 miles;
operation as follows
branch from Russellville to Ouita, 2 miles; branch. Ward's
Junction, 1 mile; total, 168 miles. Gross earnings, $510,287;
operating expenses, $257,828; net earnings, $252,459.
EARNINGS AND EXPENSES FOR FOUR YEARS.

1877.

$82,709

Passengers
Freight
Express

172,3.'>3

3,493
3,665
10,160
3,718

Telcgi-aph
United States Mall
Miscellaneous

Operating expenses

.

$276,101
161,921

£265,395

£109,118

13.032
10,121

11,830

1,196
10,121

-£397.666
£277,231
67-67
72-87
for the year was as folio ats:

£120,«35

4,631
10,347
1,888

$2flR54
17f,8i;6

1880.
$1'70.742

$111,052
227,844
7,125

307.522
12,309
6,165
9,879
3,667

5.:i01

9,959
9,404

$510,287
257,82?

$370,686
189,122

$2J2,4.-i9
its

opera-

:

Number

73,590
$3 92
1,394

of acres sold

Average price per acre

Number of sales made
Average number of acres

63
to each sale
$288,406
Aggregate of sales
cents.
82
selling
Average expense per acre of
$12,294
Amt. of taxes paid on the land (taxes for 1879 paid in 1880).
$368,690
Amount of land notes in hands trustees
$122,000
Amount of interest due on the notes at maturity
.

Acres remaining unsold

£374.513

1879.

1878.

$101,129
167,083
4,274

$117,548
$181,563
$114,179
Neteamings
The land department shows the following results of
tions for the year ending December 31, 1880

Total number of acres sold to
ber canceled

31, 1880.)

This company's report for the half-year ending December 31,
1880, covers 1,273 miles worked, against 1,299 in 1879. Charges
to capital account during the year were JE283,423, of which
£266,949 for pre-preferential securities redeemed with proceeds
of debenture stock, £50,707 for new work, £19,200 for new
equipment and £6,502 for land and land damages.
The earnings, &c., for the half-year were:
1880.
1879.
Tnereate.
„
Gross earnings
£1,158,407
£978.202
£180,205
Expenses
783,804
712,807
71,087
interest on Int. Bridge
Interest on Chic. & G. Trunk b'ds.

£150,325

£69,039

:

Debit.

New

Balance for dividend

Mails, etc

1879.

•'

I>'C01(B

18,493

Freight

CROSS EARNTNQS.

From—

£131,832

& Mil. Div

Detroit G. H.

CAIRO SHOBT LINE DIVISION.

December

31, 1880, less

num-.

280,84 8

848,604

Mr. J. H. Converse, the President, remarks in his report: "At
no time in the history of your road has there been so much inquiry for land on its line as at the present, and every indica- _
tion warrants the belief that the sales of land will continue to
increase each year over the preceding until the lands shall be
nearly disposed of." * * *
•'
Since the reorganization of this company, in December,
1875, the work of filling and replacing all temporary structures
has been carried on, until it is now about completed. This will
result in a material reduotion in cost of maintaining the road.
There has been addtd every year new equipment and rolling
stock." * * »
'•
The Little Rock Mississippi & Texas Railway, which is nowcompleted to Little Rock, affords us another line of communication with the Mississippi River, and shortens the distance from
our road to New Orleans by nearly three hundred miles."

:

THE

468

(JH

OENERAI. INVESTMENT NEWS.

RON

I

:

CLE.

[Vol.

XXXn.

taxed as real estate.

The committee afterward submitted a
communication, which contained the following
:

Brooklrn Elevated Railroad.

—Work has

been resumed on

the Brooklyn Elevated Railroad, several men being employed
in laying foundation stones in Washington Street, between
Water and Main streets. Nearly all of the foundations between
Fulton Ferry and East New York are laid, and one-third of the
iron structure is up. The Receivers of the road now claim that
the time for completing the road will not expire until 1884,
instead of May 26, 1881, a-s heretofore supposed. This is due
to legislative enactments extending the time for completing
railroads outside of this city.— iV. Y. Tribune.

Central of

New

Jersey.— Messrs. Jay Gould, Frederick C.
Lathrop and T. B. Frelinghuysen,

Potts, G. G. Haven, F. B.

26, and discussed the subject of connecting the New
Jersey Central and Wabash St. Louis & Pacific railways. A
committee was appointed to close the negotiations for this
Western combination. The connection with the Wabash system will probably be made at a point near Youngstown, Ohio,
and will require the building of a link of 70 miles of new road.

met April

Indiann Bloomington

& Western—The governing committee

of the Stock Exchange have admitted the following securities
to the list New stock to the amount of $8,500,000.
The company's official statement savs An agreement has
been entered into and formally ratified by the stockholders of
both companies, in conformity with the statutes, for the consolidation of the stocks, property and franchises of the Indiana
Bloomington & Western Railway Company with those of the

" To the Mayor, Controller atid Corporation Counsel of the City of

York

Sew

"The Manhattan Railway Company, representing and operating all the elevated railroads in the City of New York, begs
leave to submit to you the following facts in regard to its
financial condition, fer the purpose of securing your earnest
co-operation in the measure herein proposed of relief from
taxes. The belief seems to have obtained circulation that the
operating of the elevated roads is a source of great profit to
the company now managing them, and that therefore the
imposing of large taxes is only a fair shire of city burdens to
be placed upon them. Such is, unfortunately, not true. The
official report for the year ending September 30, 1880, made
to the State Engineer, shows that the roads were operated that
year at a loss of about $500,000 to the Manhattan Company.
This did not include the taxes on structure and capital, which
were fixed by the city at about $650,000.
"For the current year it is estimated, if the earnings continue
to increase in the same ratio as during the past six months, the
fioss receipts will be .ibout

he operating expenses

it is

believed will be, 05 per cent

$5,200,000
3,380,000

Ohio Indiana & Pacific Railway Company, forming one company
under the name of the "Indiana Bloomington & Western Railway Company," with an authorized capital stock of f 10,000,000.
The company has issued, in trust, $8,500,000 for the following
purposes

Leaving applicable to taxes, Interest on bonds, &c
$1,820,000
" The mortgage bonds now issued and outstanding on all the
roads amount to $21,318,000 the annual interest on which is
$1,364,080, say $3,737 per day. Quite an amount of additional
bonds will have to be issued soon to pay for needed terminal
facilities and additional new equipment, which will considerably increase this interest charge.
"The company's taxes for the current year, levied on the basis
of last year, will be about $750,000, or over $2,000 per day.
Oar profit and loss account for the year will then stand as
follows

For exchange for old stock
Tor excliange for Income bonds

$5,000,000
3,000,030
500,000

Gross earnings
Operating expenses

$8,500,000

Taxes..

:

:

:

Other purposes ot

tlio

company

—

:

<

Total

The new consolidated company

is

the absolute owner

of,

and

Las

in full operation, a line of railway from Indianapolis, Ind.,
to Pekin, 111., 202 miles, being the line of the old Indiana Bloom-

$5,200,000

$3,380,000
1 ,364,080

Interest cm bonds
<
l

Amount of levy

$750,000

Less included In operating

expenses

.'.

100,000- 650,000— 5,39-1,050
$194,080

Deficit

to say, if the company is obliged to pay the full
this year's taxes it will be unable to pay even the
There will
interest on the present mortgage debt of the roads.
be a deficiency as above shown of nearly $530 per day, or about

"That is
The consolidated com- amount of

ington & Western Railway Company.
pany has also leased, and will operate, the following

:

Miles.

Cincinnati Sandusky & Cleveland Railroad— Line of road, Sandusky, Ohio, to Dayton, Ohio
Branch line, Carey, Ohio, to Fiudlay, Ohio

Total IcDKth

Deduct

Spriujrtield, Ohio, to Dayton, Ohio (leased to Cincinnati
Spriugticid Railway Company)

Colnmbng Springfield

& Cincinnati

Columbus, Ohio

&

154
16
170

24
116

Railroad, Springfield. Ohio, to

44
190

The consolidated company has

also in course of construction
(being the line of the late Ohio Indiana & Pacific Company) 135
miles.

The new consolidated company has assumed the funded debt
of the old Indiana Bloomington & Western Railway Company,
amounting

to $7,500,000.

The new consolidated company
stock. The holder of each share

is now ready to i8.sue its
of the old company's stock
will be entitled to receive, on the surrender of his certificate, two
shares of $100 each of the stock of the new company. By virtue
of an arrangement effected with the stockholders of the late
Ohio Indiana & Pacific Railway Company, this company offers,
up to and including June 30, 1881, to the holders of the old income
bonds, the option to convert their bonds into the stock of the
new company at the same rate, that is to say, two shares of
$100 each of stock will be given for each $100 of income bonds.
On and after July 1, 1881, for a limited time, the income bonds
which shall not have been converted into stock will be convertible
into new consolidated mortgage income bonds, dollar for dollar.
—Dispatches from Indianapolis say that the lease of the
Cincinnati Sandusky & Cleveland to the new Indiana Blooming-

&

$200,000 for the year.
"In addition to the heavy burden above recited, there still remain the taxes for 1879 and 1880 unpaid and in arrears, amounting to the large sum of $960,000, for which, under the recent decision of the Court of Appeals, this company is liable. To insist
on the payment of this amount of arrears of taxes would be sim"Durply to force the company into bankruptcy."
ing the third year, 1880-'81, we find that these hopes [of increased
profits] are not realized; for while the gross receipts are satisfactorily large and quite equal to expectations, the expenses have
increased in even greater proportion, leaving the net income
much less than the year before, and that, too, on an added
mileage and capital. This unlooked-for increase in expanses is
ascertained to have been caused by: (1) A rise in the price of
coal.
In 1879 it cost us $2 50 per ton; a year ago we paid $3 30;
now it costs $4 30 per ton, and for the balance of the year we
are asked $4 60. We consume very nearly 400 tons per day.
The wages of all classes of our employees have been in(2)
creased an average of fully 15 per cent (or more than $20,000
per month) over last year. The men are even now clamoring
for a still further advance. (3) The cost of oil and iron and
most all other articles consumed on the road is greater. (4)
The repairs to structures and rolling stock are very much in excess of anything that anybody every expected. For the first
two years, when everything was new, the repairs of course were
*
slight; now we feel the full eflfect of wear and tear." * * *
" We ask you, therefore, if you will not co-operate with us in
getting an act passed by the Legislature, at its present session,
relieving this company from all other form of taxation, and substituting a tax of, say 5 per cent on the net earnings, or an
equivalent tax on the gross earnings of, say 2 per cent. We
further pray that we be relieved from paying any part of the
arrearages of taxes for 1879 and 1880. Respectfully submitted,
"Robert M. Gallaway, President.
"New York, April 25, 1881."

*****

Western was ratified Thursday by the stockholders of the
company, about 85 per cent of the entire stock having
voted in its favor; the stockholders of Cincinnati Sandusky &
Cleveland had previously ratified it, and the I. B. & W. will
take possession on Monclay; also that the I. B. & W. has made
The figures given by the President of the Manhattan Coma running arrangement with the Ohio Southern which, with pany in liis letter to the Mayor, Controller and Corporation
the Cincinnati Sandusky & Cleveland, gives the Indiana Bloom- Counsel were from the report made to the State Engineer for
ington & Western a large coal and iron traffic North and West.
the year ending September 30, 1880. From trustworthy sources
Louisiana.— Attorney-General Ward of New York has author- the following figures have been obtained, showing the operaized an action to be begun on behalf of New York State against tions of the elevated roads up to a period four months later
the State of Louisiana, upon overdue coupons of the State
TOTAL N^T E.U!NINaS FOB TWELVE MONTHS EKDING FEH. 1, 1881.
of Louisiana, under chapter 298 of the laws of 1880, to protect
Ninth
Sixth
Third
Second
Avenue.
Avenue.
1880.
Avenue.
Avenue.
the rights of citizens ©f this State, which authorizes the State
$3,552
$57,063
$
$93,238
to sue on claims assigned to it by citizens of the State. This is February
4,444
65,363
March
6,009
79,139
the first action instituted under the law, and involves a number April
5,308
63,215
88,740
9,382
ton

latter

of important legal questions.

Manhattan

May

— Metropolitan — New

—

York Elevated.
Mr.
the Manhattan Company,

Robert M. Gallaway, President of
with some of th« directors interested in the elevated railroads,
recently called upon the Mayor, Controller and Corporation
Counsel, and asked to be relieved in part from the taxation
imposed upon the railroads which they represented.
This
action was caused by the decision of the Court of Appeals that
the entire structure of each of the elevated railroa(te could be

June
July

August
September
October

November
December
January, 1881...
Total

Grand

11,333
10,443
9,202
10,290
17,450
10,793
14,922
15.693
15,195

8>^,895

$136,774

$961,748

total of alUiues

74,728
04,911
62,388
80,313
86,309
76,641
82,235
84,131

71,552
56,923
39,257
38,282
36,tJ08

61.320
58.980
67,630
51,420

$695,240

8,465
10,159
10,624
10,063
9.791
7,259
5,710
5,206
10.491

$91,072
$1,»84,b31

:

eni'iiin^a fi>r the tvrelro moutUg of Socood and
Six til A vcimc Hues
lutcrcBt iicoomit, « per Cfiitoii ^la.SOO.OOO boada. .$708,000

Total not

$832,011

317,420—

TaxosonBtiucluioiuidpoisoiialty for 1880

Deflclcncy ef Second and Sixth Avcuuc Hues to pay Interest
and taxes
Total net earnings for the twelve moutUa of Third and Ninth

03.'5,4:;o

$153,412
$1,052,820

lines

$595,000

Interest, 7 ver ec:jt on $8,500,000 bonds

'251,184

Taxes
Surplus of Third

and Ninth Avenue

lines over Interest

-

840,184

and
$200,630

taxes

Not counting 5 per cent on net earnings.
Missouri KniisasA Texas— Missouri Paciflc— Interiintlonal
& Great Nortlierii— Te.tas & Pacific— New Orleans Pacific.
As to the grand con.solidation of these roadn, it is now reported
that, on the 7th of May, the International & Great Northern
road will be practically consolidated with the Missouri Kansas&
Texas, and on the 18th of May this consolidated company will
pass under control of (he Missouri Pacific, leaving the final
consolidation to be made between Missouri Pacific, Texas Pacific

—

and New Orleans Paciflc.
The owners of a majority

of International & Great Northern
their stock to the International Itailway
Improvement Company, and take in payment for each share of
International & Great Northern two shares of Missouri Kansas
Texas Railroad Company stock.
The consolidation between Te.\a3 & Paciflc and St. Louis &
Iron Mountain is reported to be in progress. The agreement of
consolidation on the part of a majority of the stockholders in
both companies, which will be submitted at a meeting of the
directors of both roads, is said to be that the Texas & Paciflc
directors shall issue consolidated stock to the holders of the

Railroad stock

sell

&

Iron Mountain stock, and in consideration of absorbing the
latter road will give a concession of about five per cent.

Panama Railroad.— Negotiations have

been pending for
some time for the sale of this railroad to the De Lesseps InterOcean Canal Company. But it is stated that no agreement
has been reached. An officer of the railroad company stated
that several conferences had been held between Trenor W.

Park and representatives of De Lesseps,

W. Seligmau &

Co., recently.
by the directo^.^

in the office of J.

Any agreement would have

&
to

of the railroad, whose meeting
would not take place before May 12. It was also added that
transfer
a majority of the stock at a
Mr. Park had offered to

be confirmed

certain price, providing other holders should be allowed the
same terms.

—

Pennsylvania Railroad. The gross and net earnings in
March and for the first quarter of the year are compiled for the
Cheoniclk, showing an increase

in

both gross and net earnings:

EA.ST Ol' I'lTTSUUKO AND KKIE.
-Gross Earningi.A't'i Eai'nings.'
1881.
18S0.
1881
1880.
$3,189,215
$3,083,551
$i,2oo,sei
$1,300,298
3,OS5.014
2,914,570
1,158,104
1,232.182
3,844,304
3,278,180
1.79f,220
1,511,248

ALL LINES

January
February

Uarcb

$10,129,133

Total

$9,300,313

$4,103,991

$4,109,528

As to the lines west of Pittsburg and Erie, the monthly
reports issued in 1880 and for the current year show the results
below. The company's report states the decrease since Jan. 1,
this year, againsc the same period in 1S80, as $82,192.
ALL LINES WEST OP riTTSBDRG.
Net Surplus over all Liabilities.

Gain or

Jannary
February

March
Nettotal

.

:

:

THE CHRONICLE.

ArRil, 30, 1881.J

Avenne

:

.

an early hearing

in the appeal case.
The McCalraont people ia
consenting to this, say, however, that they do not concede the
right of appeal to the other side. To-morrow the McCalmonts
will file a supjjlementary bill, in the Common Pleas Court,
asking for an injunction to restrain Mr. Gowen and the old
board from acting in the affairs of the company."
—The following is the monthly comparative statement of
gross receipts, tonnage and passengers of the Philadelphia &
Reading Railroad Company for the month of JIarch, 1S81 and

1880:

GROSS RKCEIPTS.
-1881.-1880.4 Mnntht.
itnrrh.
4 ilonik*.
85,302.417 $1,430,945 $5,174,013
21,-520
0.803
35.503
204,051
37,078
2i7,9SO
22,170
7,571
29.040

iTarrh.

Railroad traffle
Canal trafflc

Steam
1

$1,520,208
15,380
51,435
7,4S4

colliers

iicbiuond coal barges

.

Total Railroad
.$1,000,508
Kead. Coal& IronOo.
024,530
.

Total of

.$2,525,107

all

$.5,010,151) $1,4S!>,380

927,070

$5,407,707
2,854,478

$9,055,584 $2,417,059

$8,:J32,184

3,445,425

Comparative statement of earnings, expenses and net earnings
of the Reading Railroad and the Coal & Iron Company for
March, 1881:
1831.March.
4 months.
$1,600,508 $5,010,1,50
918,112
3,377,048

.

Gros.'!

receipts

Gross expenses

Netproht

$082,4.^0

$2,233,110

1880
>
March.
4 monlhu.
$1,489,381 $.), 407,707
859,113
3,107,733

$030,270

$2,359,974

Comparative statement of business of the Philadelphia
Reading Coal & Iron Company for March, 1881:
-1881.Murch.
4 months.
$3,445,425
890,280
3,235,198

$^•2 1.539

Receipts.

Expenses.

$31,252
$710,709

Profit

Net

profit of both.

$210,220
$2,443,337

Richmond & Danville—M9.ssr3. John

&

-1880.
Alnrck.

$927,070
872,214

,

4 months,
$2,854,476
3,059,265

$55,450 L'a.$204,788
$085,732 $2,155,185
A. Hambleton & Co.,

of Baltimore, give the following in their circular
The following are the railroads embraced in the Richmond &
Danville system, all of which are owned or leased for a loag
term of years
Richmond & Danville KK.. Richmond to Danville. Va
140 mfles.
I'iedmont RR., Danville, Va., to Greensboro, N. C
49 milea.
North Carolina RR., Goldsboro via Greensboro, to Char:

lotte,

N. C

North Western N.

223 miles.

RR.. Greensboro to Salem, N. C
25 miles.
Air l,ine, Charlotte to Atlanta
209 mites.
A. & C. narrow gauge branches
70 miles.
Cliarlotte Columbia & Augusta RR., Charlotte, N. (,'., to
Augusta, Ga
191 miles.
Columbia & Greenville RR., Columbia to Greenville
143 mites.
Columbia & Greenville branches
85 miles.
Spartanburg Union & Columbia RR., Alston to Spartanburg. 03 miles.
Western Nortli Carolina RR. (completed), Salisbury to Astac-

Atlanta

C.

& Cliarlotte

140 miles-

villo

Total

1,403 milea

The annual report of the Richmond & Danville Railroad for
the year ending September 30, 1880, showed^Gross earnings,
$1,943,314 ; net earnings, |79G,847 ; interest on bonds and fixed
charges, $570,893 ; surplus to profit ard loss, $225,9.")3. Estimated annual fixed charges of Richmond & Danville RR., nndec
recent lease of the Atlanta & Charlotte Air Line RR.
Interest on debt
$244,570
Rentals
320,000
Interest and dividends on Atlanta & Charlotte guarantee
447,500

toss

1831.

1880.

$381,539
143,497
411,901

$305,304
110,710
557,171

$70,235
Gain.. 20.787
Iajss .. 115,270

$900,937

$979,185

Loss

i« 1881.
G.iin ..

..

469

$12,248

Total
$1,012,070
Equivalent to per cent, or $24,028 per mile.
The following is the statetiient of earnings of the Richmond
& Danville, Piedmont, North Carolina and North Western North
Carolina railroads, from October 1. 1880, to March 31, 1881, inclusive, compared with same months of preceding years
Months—
1880.
1879.
October
$220,401
$202,805
November
200,753
170,971
Deeemijer
175,016
100,310
1881.
1880.
January
$151,214
$155,364
February
107.509
IS.5.239
March
203.985
105,012

Philadel])hia & Beading.- In the United States Circuit
Court in Philadelphia on April 23, Judge McKennin made the
decree enjoining the Philadelphia & Reading Railroad Company
from issuing the deferred income bonds.
On April 27 Judges McKennan and Butler made the following
decree restraining the issue of the "blanket" mortgage bonds
by the Philadelphia & Reading Railroad Company
" It Is orilereil and decreed that, until the final hearing of this case, or
until further oiiler of tills Court, the defendant corporation and the other
Totals
$1,118,880
$1,015,702
defendants are eujoined from e\ecutingtl»is mortgage upon the property
At a meeting of the board of directors,
St. Panl & Dnlnth.
of the coiiipan.y for $150,000,000. as mentioned in the bill; and from
executing .any boiuls or obligations secured by such mortgage upon the held in New York on the 25th inst., Messrs. C. H. Graves of
property of the company, and from doing any act toward the carrying Duluth and J. Q. Adams of St. Paul resigned from the board,
out of tile scheme of an issue of bonds or obligations as a part of an
issue or issues amounting in the aggregago to $150,000,000, to be and in their places were elected Messrs. R. B. Angus and J. J.
Hill of St. Paul. Mr. Angus is Vice-President and Mr. Hill
secured as set forth iu the bill au<l the exhibits thereto attached."
Judge McKennau informed counsel for Mr. Gowen that the General Manager of the St. Paul Minneapolis & Manitoba. The
decree did not deprive him of the right to present any new entire income of this company has since its reorganization been
plan to the Court for the financial reorganization of the companj'. used in various improvements, additions and extensions. To
The following notice was issued by order of the Bond board provide for the payment of deferred dividends and to secure
means for the completion of necessary improvements and tha
of directors
Geneiial Ofkicr of the PiiiLADF.Lriin <t Readixo Railroad a'lditional equipment required, the board has resolved to
Company, No. 227 South Fomth Street, I'hiladelphia, 22d April, 1881
recommend to the stockholders at their annual meeting, to be
Notice is lien'by given that, having lieiii judicially declared to have
been duly elected President of the I'hiladelphia & Reading Railroad held June 20 next, to appoint a committee of Btockholders to
inquire into and ascertain the amount of income from all sources
Company. 1 liave assumed the duties of that olliee.
Mr. Franklin li. Gowen lias ceased to be President of this company, properly due the preferred stockholders to July 1 next, which
and is not authorized to enter into any contracts or to execute ally amount shall be capitalized by the issue of preferred stock,
to
instrunieiits on its behalf.
be paid to the stockholders for the dividends found due. And
All comiuuuicaliousin regard to that portion of the business of the
whieli
oompany
is not specially under the charge and management of
the board further recommends that the stockholders authoiize
the Receivers, should be sent to the undersigned, as President of th3 the issue of first mortgage bonds of the company to the amount
Plilladelphia
Reading Railroad Company, to the above address.
of one million dollars, to be used for the purposes mentioned.
Frank S. Bond,
President PhiUd<ilphia & Reading Railroad Company.
Shenandoah Valley Railroad. President Frederick J. KimA report from Philadelphia, April 28, says that " counsel ball of the Shenandoah Valley Railroad Company, has let confor the McCalmonts have agreed to join with counsel for Mr. tracts for the construction of sixty-five miles of the 95 mile exGowen in the application of the latter to the Supreme Court for tension southward from Waynesboro to the Norfolk & Westen»_
:

—

:

cSt

—

—

THE CHRONICLE.

470

Commercial

^Iic

v;i».\i.vihiR(;iAL

EPITOME.

Feidat Nioht, April 29, 1881.
The weather has been excellent during the past week; at
times almost summer heat has been felt. The floods in the
Northwest have in a measure abated; but an overflow of the
Lower Mississippi is regarded ae probable, from which, however, no serious damage is apprehended. Crop accounts are
imoroving, while trade continues in a good condition and active

,

for the season.
The provision market has been variable and lower during the
past week. The position has lacked support from the Western

Business has been fair, on a realizing movement.
To-day old mess quoted on the spot at f 16@$16 25 new, $18
May options quoted $17@$17 50, and June |17 65@?18 bid and

centres.

;

Friday, P. M„ April 29, 1881.
TfTB MovBMBST OF THB Crop, bh indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (April 29), the total receipts have reached 47,729
bales, against 60,718 bales last week, 66.579 bales the previous
week and 85,696 bales three weeks since; making the total
receipts since the 1st of September, 1880. 5,351,348 bales, against
4,638,867 bales for the same period of 1879-80, showing an increase
since Sept^^mber 1, 1880, of 712,481 bales.
'

Receipts

at—

Oalveston

1,258

Xndlanola, <&c.
New Orleans...

:

Pork
Bacon
Lard

11>8.

lbs.

072,428,773

lbs.
lbs.

Total

1879-so.
33.225,000

Itierease.

192,276,710

1,046,800
36,521.475
4,820,205

630,040,293

42,388,480

404,53?,.'JS3

Eio coffee has been dull and depressed, and has latterly
touched ll%c. for fair cargoes; the close was dull and nominal
at 11 j^@ll?4c. for that grade. Mild grades have been moderately active at easier prices, Maracaibo latterly ruling at 10@
13c., Bavanilla at 10@14e., though Java has remained at 14^@

and Laguayra at ll@14c. Kice has been moderately active
at steady quotations. Molasses has been in better demand, and
firm at the quotations of last week. Tea has been fairly active,
and at an an auction sale of 4,500 packages to-day prices were
generally steady. Spices have remained quiet. Raw sugar has
been fii-mly held at 1%@^ 5-16c. for fair refining, but trade has
been only moderately active, as refiners are quite liberally supplied by their own importations, and the close is very quiet,
with not over 7Mc. obtainable for fair refining, while 8Mc. for
96 degrees-test Centrifugal is a somewhat nominal quotation.
Uelado.
Mhds.
Bozct.
Sags.
260
407,113
62,999
....
Eecelptssinoo April 1,1881
332
63.535
100
220,333
Bales since April 1.1881
294
47,313
6,851 1,062,753
8tock April 27, 1881
6,301
686,399
2,429
31,760
Stock April 28, 1880
20c.

Refined sugar has fallen to 9%c. for crushed, 9 7-16c. for
granulated and 8%@9c. for standard "A," with a fair trade at
the decline, and the close was steadier.
Kentucky tobacco has remained comparatively quiet. The
sales for the week are only 500 hhds., of which 350 for export
and 150 for home consumption. Piices, however, rule comThe
paratively steady; lugs, 4:^@5?ic. and leaf, 6@12c.
movement in seed leaf, on the contrary, has been much more
liberal, extending to large lines of the crop of 1880. of which

Wea.

398

Thurs.

FH.

Total.

887

746

5,961

2,616

200

76
4,557
104

14,173
l,6d9

1,626

76

2,627

2,.574

Mobile
Florida

376

502

378

614
123

11

11

Savannah

882

1,262

673

514

1,014

250

4.625

Brunsw'k, &c.
Charleston
Pt. Royal, Ac.

075

395

543

755

506

104

73

13

10

578
46
40
253

3,452

19

667

789

1,266

770

1,198

1,100

5,7»0

185
27

615

;

1880-81.
34,271,600
441,060,058
197,096,915

Tuet.

1,046

1,185

;

;

Mon.

Sat.

asked September, $18 bid. Bacon was quoted at 8%5. for Wilmington ....
Moreh'dC.,<feclong, 9M@9%c. for short and d%c. for long and short clear.
Norfolk
Beef has been quiet at $22@$23 25 for city extra India mess
CityPolut,&c.
and $12 25 for family. Beef hams quoted at $22@$23. Lard New York
closed
weak
at
per
100
lbs.,
and
10@15c.
declined
dull,
opened
11-70C. for prime Western on the spot for future delivery. May Baltimore
ll-77)^@ll-62)^c.; July, Phlladelp'a, &c.
Bold at n-77^@ll-67^c.; June,
ll-82>6@ll'67>^c.; August, ll-8.'>@ll-72?^c.; October, ll-87^@
11-75C.; seller year ll'97^@ll"87?^c.; refined to the Continent,
ll'87^c. Tallow fairly active at 6Mc. for good and 6^c. for
prime. Butter is in better supply and weak. New cheese is
quoted at ll^@13c. for fair to choice State factory old, 10^
@14c. The following is a comparative summary of aggregate
exports, from Nov. 1 to April 23

XXXU.

T T O N.

O O

^^i^w^s.

;

[Vol.

80

Totals this week

6,0.i4|

378
397
778
57
8.250

786
6:o
315
947

765

765

1,014

.571

3,928
2,780
2,171
1,750

8,044 10.798

47,729

911
480
141
75

654
592
299
20

8,573|

6.01(1

46
259
253

664
23

For comparison, we give the following table showing the week's

and the stocks to-night
for the corresponding periods of last year.

total receipts, the total since Sept. 1, 1880,

and the same items

1880-81.

1879-80.

Slock.

Receipts to

This
Week.

April 29.

5,901

Galveston
Indianola, &o.

76
14,173
1,689
11
4,625

.

New Orleans
MobUe
Florida

Savannah
Brunswick, Ac.
Charleston
Port Royal, <&c.
Wilmington

3,452

46
259
253

M'head City.&c

5,790

Norfolk

aty

Point,

io

765

New Tork
Boston
Baltimore
Philadelphia, &c.

3,928
2,780
2,171
1,750

Since Sep.
1, 1880.

This
Week.

Since Sep.

1,1879.

1881.

627,294
2,702 448,.505 77.235
14,960
6
7,661
1,460,262 12,449 1,420,71! 226,101
368,851
1,407
342,946 21,963
20.265
28
20.055
5,086
825,861
1,119
711,017 24,634
4,855
3,631
598,258
2,540 435,465 21,178
49.919
30,619
49
114,123
78
75,316
2,176
29,770
26,728
39
653,909
532,253 11,050
3,793
203,095
152 149.866
144,001
2,560
185,690 181,664
145,045
191,277 10,535
3,768
151
34,916
15,309
9,990
30
.50,964
38,238 11,028

1880.

29,200
196,504
34,797

16,245
18,115

2,713
13,211

250,296
13,736
10,083
13,942

47,729 5,351,348 30,858 1,638,86- 602,689 598,850
In order that comparison may be made with other yearc, we
give below the totals at leading poits for six seasons.
Total

Receipts

at—

1881.

1880.

1879.

*o

6,037
14,173
1,689
4.625
3,498

2,708
12,449
1,407
1,119
2,540

Wilm'gfn, Ac

512

117

744
299

Norfolk, Ac.
All others

6,555

3,945
6,543

5,199
5,112

Galvest'n.&c.
New Orleans.

MobUe
Savannah
Charl'st'n,

1,089
3,195
1,666
2,979

1878.

1,759
10.893
3,082
1,495
1.612

893
3.623
7,839

187

1876.

693

2,076

4,213
8,986
2,003
2,378
1,723

572
2,759
2,246

2,991
2,620

6,477

999
738

888

10,640
prices transpired. The sales amounted to 3,225 cases, as
follows ; 1,500 cases 1880 crop. State, private terms ; 300 cases
22,283
31,196
16,560
26,002
Totthls w'k.
30,858
47,729
1880 crop, Pennsylvania, 20c.; 200 cases 1880 crop, Connecticut
Since
Sept.
1. 5351,318 4633,367 4317.007 4113,803 3339,63013941,356
seconds, 10c 350 cases 1879 crop, Ohio, 6>^c.; 175 cases 1879
Galveston Includes Indianola; Charleston includes Port Koyal, Ac;
crop, New England, 12@20c.; 100 cases 1879 crop, Connecticut,
Wilmington includes Morehiad City, &c.; Norfolk includes City Point. &o.
18c.; 300 cases 1879 crop Pennsylvania, 10@25c.; and 300 cases
The exports for the week ending this evening reach a total
sundries, 8@16c. The movement in Spanish tobacco has also
of 58,254 bales, of which 28,754 were to Great Britain, 4,266 to
been more active, and sales 1,300 bales Havana at 85c.@$l 10, France and 25,234 to rest of the Continent, while the stocks aa
duty paid.
made up this evening are now 602,689 bales. Below are the
Naval stores have been fairly active, spirits turpentine at exports for the week and since September, 1, 1880.
barely steady figures on a realizing movement, and rosins at
well supported prices ; the former sold largely to-day at 41c.
From Srpt. 1. 1880, to Apr. 29, 1881.
We^k Ending At>rU 29.
Expvrtfd toExported to—
for southerns in yard ; strained to good strained rosins $1 60@
Export*
$1 70. Petroleum has continued quiet, but about steady at 8c.
/rom—
ContiConti- rotoJ
Great
Great
total.
France
for refined for export. Crude certificates closed steady at
nent.
Wuk. Britain.
Brtfnnent
83 /^c. bid after selling at 82/^c. Ingot copper was in fair sale
401.246.
44.334
91.050
6.242
265,801
1.661
....
18?4@18%c.
Galveston
for Lake. Lead has been active at a decline to
at
296.128 1,338,260
s.eao
12,965 7;7.1II .fts5,021
4^c. for common domestic. Wool dull and easy. Hops quiet New Orleans.
7,419
lOi.lSt/
73,972 22,767
Mobile
and quoted as before.
Ocean freight room has latterly been taken at low and un- Florida
37,860
259,419
4g2.21»
194,934
Savunnah
profitable rates, but the shipping movement was checked by
192.983 60,299 201,907| 455,279
11,774
7,0»1
2,718
Charleston*.
the high rates for the leading export staples. The position WilminKton.
et<,8i»
1,444
11.2221
57,146
appears to be almost demoralized, though the tone was some- Norfolk
4,147
805,9Sa
2«S,009
2,850
3.400
8,160
what bt^tter to-day. Grain to Liverpool bv steam, 2/^@2'.^@ New York...
427,974
8',04S
sis.ies
31,481
18,441
9.502
8,262
1
84,847
2?4d.; cotton, ll-16@3-16d.; fl..ur, 12.s. 6d. per ton; bacon. 15® Boston
84,S4C
«.23S
2,233
110,014
21,158
620
88,856
17s. 6d.; cheese, 20s.; grain to !> udon by steam, 4d.; flour,
Bultlmore. ..
102
47,457
2.519
47.355
2,619
15s.; grain to Hull by steam, 3%d.; do. to Hamburg by steam,
t'hiladelp'a.&c
90 marks-; grain to Cork for orders, quoted by charter. 4s. 3d.
973,691 3.837,221
4,-3flf
25,234 58,254 2.3' r,43ti 488.01:
28.754
Tcml
per qr.; refined petroleum to Antwerp, 33. 2d. per bbl.; do.
744,306 3.178,2;'3
8,005 10,935 70.201 3,107,005 326.97
IHjtal 1879-80 56,261
to Bremen, 3s.; do. in eases, Beyroute, 23c.; do. Smyrna,
B^lonica or Paraeus, 26Xc.
'Includes exports from Port Roral, *c.

same

;

I

April

;

THE CHRONICLE.

30, 1881.]

In addition to above exports, nar telegrams to-night also give
OS tlie following amounts of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
are prepared for our special u.se by Messrs. Carey, Yale &
ikmbert. 60 Beaver Street.

On
Apsn.

29,

AT—

1

2

p to A

Coast-

Other
France Foreign
Britain.
Oreat

10,089
4,500

Mobile
Cuarlcaton
Savanuali
Oalveston

i.'.;oo

OUier ports

None.
17,821
5,000
6,000

Kite.

Totil

53.610

T,750
None.
None.
None.
S,491

16.87S
1,776

None.
1,100

;i..').iO

•250

None.
None.

6,100
2,000

.2.53

SS.ii??

43,726
7.376
5.000

2,S00
231
None.

3,000

M

1,500
5.581

109,821

492.868

ro

• Included In this amount there are 800 bales at presses for foreign
ports the destination of which we cannot learn.

rO
C«

1

more active, and prices,
have shown rather more strength. There was,

speculation in futures has been

2

Yesterday values
there was no danger of serious disaster.
declined, under weak Liverpool advices and very favorable weather. To-day there was a weak opening, and the close

was at a slight further decline. Cotton on the spot was quiet
and unchanged, when quotations were revised white ordinary
and strict ordinary advanced %c., good middling and strict
good middling declined %c., middling fair and fair unchanged^
Stained Good ordinary advanced ^c, strict good middling
;

—

closing quiet at 10 ll-16c. for

middling uplands.
forward delivery for the week are 333,800
For immediate delivery the total sales foot up this week
3,956 bales, including 1,519 for export, 2,271 for consumption,
lt)6 for speculation, and
in transit. Of the above, 150 bales
were to amve.
The following are the official quotations and
sales for ?ach day of the past week.

The

1
1

CO

-1
t^

?
*
<s

NEW
Sat.

ORLEANS.
nion Toes

u

§ 8

Taea

Btr.

G'd Ord

Low MIdd'e
etr.I/w Mid
Middling...
Gk)od Mid..

Btr.O'dMld
Mldd'gFalr
Fair

7

7

7>4
7S8
8
7«e
81318
8"l8 9ie
9^8 9^18 9'>18 958
10
10
10
103e
lOia
10>3
10>a
1013i8
10% 10«i 10% 11
U^ie ll'is 1111,8
ll'iis n"ia ll"n UI5i8
125is 12=16 125l6 128i8
131in 131,
131i« 135,„
7
758

Wed Th.
Ordln'y.*tt>

BtrietOrd..
Good Ord..
Btr.

GM Ord

Low

Mldd'p

Btr.L'wMld
Bimdlini;...

Good Mid..
Btr.Q'dMId

MMd'g Fair
ratr

7^
7%

Fr«.

7I4
714
8
8
9l8
9ifl
9^8
9»8
9»8
9»8
9»8
1038
1038
1038
1038
1013i6 101316 10-.3i8 101318 1013,8
11
11
11
11
7>4
8

ll|h6

lUhe

lUtie 11"18 11",8

12018
13°18

li»16
135,,

129i,
135,8

Wed Th.

FrI.

HIB18 1U5„ 1113,8 1116,.

71,8
7lli8

Gtood Ordinary

Good Ordinary

Sat.

y

129,8
135,8

Wed Tb.
714
8
9I3

73fl

8»8

fi'

«

91

J

9=8
99;
95fl
1038
105:
103R
10l3i6 1013i8l0%
11
11
11016,8
1111,8 11»,6 !ll>S
1115,8 lU3i9ll%
129,; 129,8 12'a
13»„ 1:j6,8 I3'4

Mou Toes Wed

Xli.

Frl.

67,8
79,8

<57,fl

61!l8
"

84

H^

79,8
8

9'8

9'8

9^8

COb
7=8
813
913,8

67,6

6"l8
79,8

7", 8

84
9%

Middling

MARKET AND

4

711

8»,i
978

SALES.

Con-

JS*I

port.

sump,

22s

3i7
450
250

Bat.

CJiiiet

rues

Quiet..

2701
lOOl

Wed

Kasier.

321

rhurs; Weak at lev.iiuo.
Fri. Quiet at lis dec
'

«»

1

h-MOO

OOo

WCJI*

o«d"0

cbdo

00
aa
mmk.

8 8

too

csto

Ot

I-Om

00
GOOD
MOm

fe.t«

e-J

^<1

8.*-

1

1

CD

Mt-irfi.

Meo

8 8

fT.CxO

1^8

QOO

M
f*V
f-^

00

)^

**

-0^

ODMm

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1

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rfirfl

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00

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^*-'*^

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MM
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tow

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rf*-!^

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990
mmO
^00
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IS:

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y*y^'^

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p
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8 660

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c;tio

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tout

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^<|0

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to to
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eto

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out

r-M

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oo5
ddo
t20

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- — 01

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rf^rfi-©
<j-.o

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MM
—

rn

1

00

ooa
S.w

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y^y-*

tit-

<

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f
«

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00

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00^
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00 00
O^M

»0t

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OLto
y^y*

COC«
yif'

too;

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too
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S=>
mmO
®92
cflcn®

^1^0

990

CD

l^*-M
1

1

It.

^ICliM

Sst

1

>-'f-*t:t

00

99
<i~i

cttit

000

CC~1

00

9?
oa
vI-Jm

m
03
r%

»-M
00

1

OOo

dido

a

01

tOOM
so
MMo)

B).«

1

^*^

aid

00
MOm

-1-)

OOo

^Ot

CO

1

\'-a

ciciio

coco
r^y*

00

mu
^v>
m

*.-

1

co^

o;-.o

-'t^

00

-MM
OOo

tOOM
«p
Mmqo
OOo
«d,o

1

itk

S:

1

§

^

c mmO
toco

1

1

1

1

w:
1

1

1

1

1

1

®:
1

1

1

1

1

1

1

IS:

IS:

IS:

:

II:

1

:

1

1

1

^

1

IS:

:

1

|

3
<2

1:

Includes sales In September for September, 621.400; 8ept.-Oet. for
Oct., 946.500; Sopt.-Nov. for November, 762.100 Sept.-Dec. for December, 1,464,500; Sopt.-Jan. for .laniiarv. 2,58S.900; Sept.-Feb. for February 2,372,700; Sept.-Marcli for March, 3,466.100.
Transferable Orders— Saturday, lOoo ; Monday, 10-55; Tuesday,
10-65; Wednesday ,10-65; Thursday, 10-55 ; Friday, 1055.
Short Notices for April Tue.tday, 10'.57.
Short Notices for May—Thursday, lo-o-l, 10-53, 1052 Friday, 10-55.

1021
5011

344
583
287

Spec- Tranul't'n

50
116

tit.

1.519' 2.271

166

—

;

'ouu.

582
720
400
781
685
788

I

Total

MM
00
00
tOOM
Sw
OOo

toti

1

The

SALES OF SPOT AND TRANSIT.

Mon Weak

tout

ooO

<jo

^^v
000
»»°

OOo

01 o<

*«
OOo

CO

9

1

l-M*.

9\

fog?

;

lb

Low Middling

SPOT MARKET
CLOSED.

n

j<ot
So CO

00

9$
CTO»

Frl.

9%

1-*^

CJOiO

OOQOm

129,8
135,8

76,8

^H>
09

Mi-i

7H.
S
918
9»8
l03e

714
7% 75;,
7'^
Klfl
8
81,8
9i8
9I8
813,8 81318 8%
9'i«
9=8
99 8
!>^,«
9^8 9H
95h
1038
10
9
916,8 1038
105,8
10T,8
10>3
1019
1013ie 10l3i8 10%
10% 10% 1011,8 11
11
1013,6
U'le lli>,« III4 illiiic ll«ie 11%
1111,8 119,8 l\h Illl5,„ 1113,8111%
125,8 125,8 !l2>4 1129,8 l-'9,8 II2I9
131,8 131,8 113
135,„ KP,„ '13>4

7

STAINED.
Strict

7^
8
9%

99
eio>
MO

OOo

18

1

Ordln'y.*1b
BtrietOrd.
Good Ord..

|-<M

CJtOt
lOiO.
1

.-OJ
,,

>fl

ooO

^.

ss

w 56
;o>co3-

g.o

»•

??."

lU

TEXAS.
Sat. 3ton.

It

00

M
00

00
WW

total sales for

UPLANDS.
mou Tne*

f^

Ui

-J

;;<»

1

PI

*c

.'

1

^

coca

5

3

obc-

1

8 §

bales.

April 23 to
April 29. Sat.

?3„e

•

<o|.'

58

8

§

'

market

mu

'

CD

CO

1

advanced 3^c., low middling advanced l-16c.; other grades of
white and stained unchanged. To-day there was a general

3;
to

m

9>«

at one time higher, but declined toward the close, Liverpool
losing part of Tuesday's advance, there being no very definite
accounts of the reported floods, and private advices saying

^:
3

:

ilif

re

^d

re

on Saturday, notwithstanding the very favorable weather report and dull foreign advices, some improvement, based on
reportfl of danger from floods and the smaller receipts at the
ports. On Monday the market was again weak. On Tuesday
there was an advance of 5@7 points o» the better accounts from
Liverpool and the reduction of home stocks. Wednesday was

decline of 1-1 6c., the

:

ill'

s
u

10,178
li),134

1

D

<&

50,416
169,764
40,414

.5.273

Saturday,

Sales.

Prieesp

t«

to

,

182,37^
14..'i87

nil

to

Stock.

Total.

26.819
•11.900
9.500

New York

variable,

p

;

5,.'i00

though

17;

:

•

The

CToslng. Prices

Prices

mi

nil

Sales,Thnreday

Sales,
Closing.

5*

1 1

Shipboard, not cleared—/or

471

Friday.

s

Leaving

New Orleans

»

»

«

«

3,9.S6

Deliv
Sales.

33,100
41,900
63.400
69.300
65,000
61,100

333.800

eries.

100
100

400
600

The dally drtliverieH given above are actually delivered the day preyious to that on which ihey are reported.

The Sales and Pricrs op Futurks are shown by the following comprehenoJve table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales:

followincf

exchanges have been made daring the week:

-25 i>d. to exeh. 4.000 May for Aug.
-18 pd. toexch. l.OOO.May for July.
-04 pd. to exch. 100 Sept. for May.
•25 pd. to exch. 100 M»j' for Aug.
-03 pd. to exch. 300 Sept. for May.
14 pd. 10 exch. 500 Sept. for .Tune.
•10 pd. to exch. 400 May for June.
•07 pd. to exch. 1,000 July for Aug.
•25 pd. to exch. 3.20O May for .\ug.
•26 pd. to exeh. 500 May (or Aug.

10 pd. to

e."ceh.

The

100 May for Juno.

to exch. 100 July for Aug.
t« exch. 200 M.ty for June.
to exch. 700 May for Aug.
to exoh. 1.000 may for Au^
to exch. 20^) May for July
t« exeh. 5oO May for July
to exeh. 300 May for Jun»
200 May s. n. for regular

07

pil.

•10
•26
-26
-20
•20
•10

pd.
pd.
pd.
pd.
pd.
pd.

Exoh.

even.

Exob. 200

May

s.

n.

3d

for regular.

Visible Supply of Cotton, as made np by cable and
is as follows.
The Continental stocks are the figures
of last Saturday, but the totaLs for Great Britain and the aHoat
for the Continent are this week's returns, and consequently
brought down to Thursday evening; hence, to make the totals the
complete figures for to-night lApril 29), we add the item of exports
from the United States, inelading in it the exports of Frid&y only t
telegraph,

—

—

..

..

THE CHKONICLE.

472
1»81.
.balea.l.OOO.OOO

Btookat Uverpocd.
•took at Ix>iidon

42,900

fiiook

Stock
Btock
etook

IS 80.

1879.

1878.

71 J. 000
35,S00

63.},0OO

887,000
11,750

54,000

i

749. SOO

Total Great Britain (took 1,012.900
181,000
at Havre
4,200
at Marscilleg

Btock
Stock
Stock
Btock
Btock

at Barcelona
at Hamburg
at Bremen
at Amsterdam
at Rotterdam
at Antwei-p
at other contl'ntal ports.

7,000
44,300
42.100
J.770

82,600
2,410
23,240
3,GO0
35,900
19,400
2.100

780

390

9.850

7,900

22,.50O

898,750

089,000
160,250
2,000
41.000
4,500
20,750

233.7.50

4.750
3,750
10,000

5.750
34,000
7.500
43.000
49,500
12.000
7 500
23,750

421,750

43,7.50

313,500

182,540

29G.750

Total European stocks.. ..1,356.400
India cotton afloat for Europe. 2'J8,000
Amer'ncott(iHatlo.itforEur'pe 502,000

932.310
247.000
358.000
46,000
598.877
113.868
11,000

935,750 1.320,500
216.000
211,000
490,000
405,000
2l.ono
1 5.000
429,329
368.781
46,495
48.632
100
6,000

Votal continental ports.

31.000
602.689
116,270
12,000

Egyi't,Brazil,&c.,afltforE'r'pe
Btock In United States ports ..
Btock in U. 8. interior ports..
United Stt tes exports t»-day .

like the following.

Continental stocks

American afloat

for

Europe

Dnlted States stock
United States Interior stocks..
United States exports to-day
. .

Total American
Sasl Indian, Braail, <te.—
Uvenrool stock
Iflndon stock
Continental stocks

India afloat for Europe
Bgypt, Brazil, Ac, afloat

121.000
.M.OOO
43.750
216.000
15,000

202,000
35.800
43,540
247,000
46.0C0

Wetk

Feb
••

"

1880.

1879.

bales
Xlverpool stock
Continental stocks
Americanafloat to Europe....

70-'.000

512.000
139.000
358.000

514.000

United States stock
United States interior stocks..
United Slates exports to-day..

602,689
204.211
12.000

.598,877

363,781
78,962

Total A merlcan
Xast hidian, hraztl,
liverpool stock

;i03,y00 1,823,031 1,019,843

223.000
f.02.000

4<'5,0O0

204,154
11,000

100

dc—

liOndonstock
Continental stocks
India afloat for Europe
Egypt, BrazU, 610., afloat

238,000
42,900
90,500
268,000
31 ,000

202,000
35,800
43.540
247.000
46,000

225,000
11.750
51,750
211,000
21,000

"
"

121,000
54.000
43,7.50

216.000
15,000

Augusta, Ga
Columbus, Ga...
Montgom'r.VjAla.
Belma, Ala
Memphis, Tenn..

Teuu

Kasliville,

Total, old ports..
Dallas, Texas.
Jefferson, Tex...
.

Shrevepovt, I.,a..
Vicksburg, Miss-

Columbus, Miss.
Eufaula, Ala

Ga
Ga

562
316
108
016
588

1.725
1 ,257

16,808
10,764

354

5,981
6,915
4,880

4,103

7,589

351

740

6,767
1.30

1,355

435

13,475 116,279

289

263

162

1,074

1,638
1,526

795
209
183

|

ports

020
412

5,669
2,273
71,444
11,607

47.729

!

31,511
13,951

14.076

33,08»

the pa.st week

ill

farm work.

9,499
476

76
123

1,468
6,763

—

1

ranging from 60 to 91.
Dallas, Texas.— \y<i have had good showers on one day the past
week, the rainfall reaching one inch and fifty hundredths. Farm
work is progressing well, but there Ls much complaint of scarcity
of labor. Average thermometer 74, highest 91 and lowest 60.
Brenham, I'exas. We have had a beneficial rain on one day
the past week, the rainfall teaching one inch. Re-planting is

i

'

i

I

j

—

12,882

90,286

8,853

25,635 204. IS 4

nearly done, but there

is

great comi^laint of scarcity of sound

The thermometer has ranged from 62 to 85, averaging 75.
Waco, Te.vas.—^e have had good showers on one day the past
week, the rainfall reaching one inch. Farm work is progressing
seed.

Average thermometer 74, highest 85 and lowest 60.
Orleans, Louisiana.—It has rained on three days thepast week, the rainfall reaching two inches and forty hunfavorably.

New

dredths.

200

5,993

65 to 82, averag-

Indianola, Texas. We have had good showers on two days
the past week, the rainfall reaching two inches and fifty-one
hundredths. Planting is about completed in this neighborhood.
Average thermometer 74, highe.st 84 and lowest 65.
Corsicana, I'exas. —We have had no rain the past week. AH
agriculture is prospering. The thermometer has averaged 74,

12,733 113,863

1,405

The thermometer has ranged from

ing 72.

1,8.50

87,932

23,752

new

Total, all

12,817
8,208

37,227 204,211

15,811

22,578

Total,

630
810

6,154
3,818

Cincinnati, O....

30,853

87.294 220.930 :218,860
78,962 204.154 I2OI.2II

We

Slock.

2.439
2,304

9,246
6,624

5
71

91,936; 238.5515 ,237,401

60.718

—

Apri 30, '30

700

371

4,749
6,792

100

13

30

60.570

3i.714

'
j

39,582
11,366

C.

Mo

93

75
420
293

3 -.910

143,746.

general been favorable for crop purpo.ses. Eain has fallea
in many sections, but not in excess, and more would be beneficial

has

,

9,241
3,660
i ,,,,
1.187
55,283
55l2'83
""^
"
7.867

83
2,487

Charlotte, N.

2,860

268,5; 9

107,005 232.493'ji4«,S70

145.784

1S8,82«
138,507
40,082 1 10.487
3^,492 8i,S«»
40,496 67,101
30,595 68,996:
24,971 51.101
19,004 42.177

72,289
42,388
50,349
39,699
34,977
25,14S

Weather Reports by Telegraph. —The weather

1

149
97

653
573

41

Bt. Louis,

3.317
2,665
10,304
3,334
2,182
2,054
351
8,768
3,109

359

40.187
38,183
22.283

ll»,870j

96.418
92,883
61,758
61,085

bales.

|

346
94
30
29
229
348
193

560
342
671

Atlanta,

Home, Ga

60,666
10,265

451
163
44
164
234
1,415

28

M,28S 47.393 78.514
44351 37.S28 83,096

93,239
78,447

1. That the total receipts from the plantations since Sept. 1 in
1880-81 were 5,522,,')88 bales; in 1879-80 were 4,835,720 bales; la
1878-79 were 4,390,317 bales.
2. That, although the receipts at the out-ports the past week
were 47,729 bales, the actual movement from plantations waB
only 33,080 bales, the balance being taken from the stocks at the
Last year the receipts from the plantations for
interior ports.
the same week were 14,076 bales and for 1879 they were 13,951

225,000
11,750
51,750
211,000
21,000

Receipts. Shipm'ls
1

18

134.338 115.307 146.539 1S2,246| 327,084 278,76B 123,809

The above statement shows

.

Macon, Ga

1881.

i

2.976,300 2.397,371 2,069,593 2,553,379

Slock.

1880.

|

Total visible supply

Receipts. Shijmi'ls

1879.

110.047 103,995 13S.359 170,438 316.972 284,135
83.266 78,431 133.931 163.6181 803.279 288.546
78.490 64 .968 140,126 159.418' 28»,99« 2e5.01
60,282 49,011 108,;iO<J 14!,612|1^31,047 2->7,314
60.698 5.3,419 03.690 181,163;l2e«.i2o! 277,092

2.5 ....

"

|]t3f~The imports into Continental ports this week have been
70,200 bales.
These figures indicate an increase in the cotton in sight tonight of 578,939 bales as compared with the same date of 1880, an
increase of 906,707 bales as compared with the corresponding date
of 1879 and an increase of 422,921 bales as compared with 1878.
At the Interior Ports the movement—that is the receipts
and shipments for the week, and stocks to-night, and for the
corresponding week of 1880- -is set out in detail in the following
statement:
Weelc etui iiig

1881.

23

April 1
"
8
"
15
22

1

670,403
574.340
449.750
52O..5O0
2,305,900 1,823,031 1,619,843 2,032,879

'81.

1880.

at some points.
Galveston, Texas. It has rained on four days the past week,,
662.000!
370,000 the rainfall reaching three inches and twenty-seven hundredths.
490,000
have had delightful showers this week, and the indications429.329
75.550 are that they extended over a wide surface. Reports from all
6.000
sections are favorable, except that there is a scarcity of labor,
2.032,879
which finds more profitable employment in railroad building thani

Total East India, &c
ItotalAmerican

Week end ing April 29,

1879.

1881.

150.841 119.854 183.723 190.763 315.975] 279,523 127,489 107.913 130.76T

1878.

'J.-.S.OOO

Stock at Interi&r Porta Rec^pts from PlanVns.

the Porta.

1880.

11
18

Mar. 4
" XI

That difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the nineteen
towns given weekly in our table of interior stocks instead of only
the old seven towns. We shall continue this double statement for
a time, but finally shall simply substitute the nineteen towns for
the seven towns in the preceding table
1881.

1879.

1

2,888.3o8 2,307.085 2,039.293 2.524.324
Total visible supply
esst
SiSiort.
S^:!
613, r,d
Price Mid. Upl.. Liverpool ....
The above figures indicate an increase in the cotton in sight
with
the
name
date
of
1880,
to-night of 581,283 bales as compared
an increase of 849,073 bales as compared with 1879 and an incompared
with
364,044
bales
as
1878.
crease of
In the preceding visible supply table we have heretofore only
iacluded the interior stocks at the seven original interior towns.
As we did not have the record of the new interior towns for the
four years, we could not make a comparison in any other way.

Amencnn—

Ke«tpt« ot

ending-'

574 310
419.7.50
520 500
670.400
2,217,968 1,732.745 1.589,543 2,003,824

Total East India, &c
XotcJ American

add

RECEIPTS PKOM PLANTATIONS.

2,217,968 1,732,745 1,555,543 2,003,824

238,000
42,900
90.500
208,000
31,000

will

Southern consumption; they are simply a statemant of the
weekly movement from the plantations of that part of the crop
which finaUy reaches the market through the out-ports.

662,000
370,000
490,000
429.329
46.495
6,000

762.000
223,000
502,000
602.689
116.279
12,000

Uverpool stock

we

In reply to frequent inquiries

that these figures, of course, do not include overland receipts or

2,988,368 2,307,085 2,039.293 2.521324
are as folio w s:

Total visible supply

[fVoL. XXXIl.

The above totals show that the old interior stocks have decreasfd during the week 6,708 bales, and are to-night 2,411
bales more than at the same period last year. The receipts at
the same towns have been 3,907 bales more than the same week
bat year.
Rbceipts feom the Plastatioks.— The following table inprepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another, at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement

Of the aoove, tlie totals of American and otber desorlptious
Amertcan—

Griffln,

1

904
485
2,281

943
i

'

'

Average thermometer

72.

Shreveport, Lonisiana.—The weather during the past week
has been warm and dry. The rainfall reached sixty-four hundredths of an inch. 'Ihe roads are in a good condition. Average thermometer 77, highest 90 lowest 64.
Vicksburg, Mississippi.— Vfti have hud rain the pa.st week/
but not enough to do much good.
Columbus, Mississippi.— It has been showery on one day,,
and has rained constantly one day the past week. The rainfall
reached one inch and sixty-two hundredths,
Little Mock, Arkansas.— Vfednesday and Thursday of thepast week were clear; the remainder of the week has been cloudy,.
with rain on three days. The rainfall reached sixty-five hundredths of an inch. The weather is very favorable for planters.
Average thermometer 70, highest 87 and lowest 60.
Nashville, Tennessee.—It has rained on five days the past

I

.

Aran,

THE I.HRONICLE.

30, 1881.]

week, the rainfall reachincr oue inch and six hundredth?, The
thermometer has ranged from 56 to 84, averaKing 69.
Memphis, Tennessee.— TeiegTuxa not received.
Mobile, Alabama. It has rained very severely on one day,
severely on one day, and has been showery on three days, the
past week, and the latter part of the week has been clear and
The rainfall reacted six inches and flfty-four hunpleasant.
dredths. We have had delightful showers this week, and the
indications are that they extended over a wide Kurface. Crop
accounts are more favorable. The crop is developing promisingly. The thermometer has ranged from 61 to 82, aver-

1881.

72.

—

Montgomery, Alabama. It rained on two davs the earlier
part of the past week, and the latter portion iias been clear and
pleasant. The rainfall reached one inch and fifteen hundredths.
We have secured a good stand of cotton, and at present the

Macon, Oeornia.

not received.

Columbus, Oeorgia.—lt rained severely on two days the

and lowest 70.
Savannah, Georgia.

—It

77,

—

S.

"11....

13,867
11,621
8,010
11.031
12,360
4,708

8.

8,237
0,339
6,243
5,201
4,717
5,150
8.

9,905
7,353
5,696
4,746
0,034
6,299

" 17....

8.

" 18....

12,886

" 19....

8,81

" 20....
"21....
" 22....

14,679
6,714
12,919
6,034

9,291
3,379
5,846
5.610
C.260

8.

5,140

28....

'

29

...

S.

8,250
8,573
6,010
8.014
10,799

8.

8,077
3,910
5,021
3,272

5,331,348 4,631,035
Percentage of total
9203
rort rec'Pta Apr. 29

Total.

It

This statement show.s that the receipts since Sept. 1 up to
to-night are now 717,313 bales more than they were to the same
day of the month in 1880 and 1,046,765 bales more than they werei
We add to the table
to the same day of the month in 1879.
the percentages of total port receipts which had been received to
April 29 in each of the years named.

—

India Cotton Movement from all PoeT3. The figures which
are now collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Carwar, &e..
enable us, in connection with our previously-received report from
Bombay, to furnish our readers with a full and compfete India
first give the Bombay statement
movement for each week.
for the week and year, bringing the figures down to April 28.
B')WB\Y RECEIPTS AND SIIIPME.STSTFOR FOUR YEAR*. "»

We

I

12

Orleans

Memphis

8....
»....

23,210
13,03j
9,980
13,656
14,912
9,678

" 10....

"

April 28, '81. April 29, '80.
Feet. Itieh.
Feet. Inch.
<i
2
Below high-water mark . .
2
24
6
Above low-water mark... 31
7
15
Above low- water, mark... 13
10
16
8
Above low-water mark... 10
41
10
2
AboTe low-water mark... 11

Nashville

7....

" 27....

has rained on four days the past

has been showery on six days the past
week, the rainfall reaching one in<.h and twelve hundredths.
Planting in this section is two to three weeks behindhand. The
weather is now warm and favorable, and planting is making
food progress. At some point a good stand of cotton and corn
as been secured and plants are doing well. The thermometer
has ranged from 62 to 87, averaging 73.
Charleston, South Carolina.— We have had rain on two days
the past week, the rainfall reaching eighty-four hundredths
of an inch. The thermometer has ranged from 58 to 80, averaging 67.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
April 28, 1881, and April 29, 1880.

New

6....

" 24....
" 25....
" 26....

highest 85

weels, on three of which lightly, and the rest of the week has
been pleasant. The rainfall reached fifty-two hundredths of an
inch. The thermometer has averaged 71, ranging from 60 to 84.

Augusta, Oeorgia.

5....

" 23....

earlier part of the past week, but the latter portion has been
The rainfall reached three inches and
clear and pleasant.

Average thermometer

4....

"
"
"
"
"

"13....
" 14....
" 15....
" 16....

—Telegram not received.

ninety-two nundredths.

"

" 12....

weather and prospects are excellent. The thermometer has
averaged 73, ranging from 62 to 87.
Selma, Alabama.— It has rained on two days the past week,
and the rest of the week has been pleasant. The rainfall
reached ninety-three hundredths of an inch. Planting is about
completed in this neighborhood. The thermometer has ranged
from 50 to 93, averaging 87.

Madhon, Florida.— 'HeXegram.

1880.

Iot.Mr.31 5,075,110 4,480,842
Apr. 1....
15,516
5,922
" 2....
10,903
8,298
" 3....
8.
6,621

—

«gmg

47.>

}

I

Shipments since Jan.

\Shipiiients this lueek.

Bhreveport
Vlcksbure
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-lOtns of a foot above
1871. or 16 feet above low-water mark at that point.

Great
Total. Britain

Year Great

Conti\Brit'n.\ nent.

Continent.

1881 16,000 40,000 36,000;i30,000 267.000
1880 12.000[37,00Oi49.OO0i:Bi).O0O|22i),OO<J
18791 5.0*1 25,000 30.0001 lU.OOOi 163.000
l'J7s! 6.ono|li>,000:22.0()0ll9l.000|26 1.000
i

i

Jteceipts.

1.

This
Week.

Total.

406.000
308.000
277,000
458,000

67.000
60.000
11,000
36.000

Since

Jan.

I.

634,000
625,000
442,000
572.000

—

According to the foregoing, Bombay appears to show aa
Jute Butts, Bagoino, &c. The speculative demand for bagging fell off shortly after our last report, and during the week increase compared with last year in the weeVs receipts of 7,000
the market has been quiet. There is a firm tone to the market bales, and an increase in shipments of 7,000 bales, and the
and prices are a trifle nigher. The quotations at the close were shipments since January 1 show an increase of 8,000 bales.
Kj^c. for 1% lbs., lO^c. fbr 2 lbs. and ll^c. for 2% lbs. The The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
activity noticed in the jute butt market last week has continued the same week and years has been as follows
CALCUTTA. MAORIS. TPTICORIH. CARWAR. RtHOOoy AVD KURRAOHBB.
,and a very good business was in progress up to the close.
Prices are firmly adhered to, holders demanding 2%a. for paper
Shipments since January 1.
Shipments thin iveek.
qualities and 3c. for spinning grades. The reported transacYear.

tions aggregate 5,000 bales at the prices quoted.

Great
Britain.

Port Receipts and Daily Crop Movement.—
A comparison of tha port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
ooastantly have before him the data for seeing the exact relative
movement for the years named. The movement each month

Continent.

Great

Total.

Continent.

Britain.

Total.

Co>iPAR.\TivE

64,008
53.000
117.000
1881
9,600
121.000
36.000
3.000
160,000
6.606
1880
11.000
4,000
70,000
49,000
119,000
1879
7,000
15.000
3 1,000
49,000
1878
For the past few weeka wo have omitted from the above table
(Calcutta, Madras, &c.,) this year's weekly flsures, aa we found there
were inaecuracics in them as cabled to us. We are, however, making
new arraugements, uuder which wo hope not only to prevent errors, but
also to greatly Improve this feature of our report.

ty

since September 1 has been as follows:

Tear Beginning September

Monthly
Receipts.

1800.

flept'mb'r

458,478
968,31'

1879.

Decemb'r 1,020,802
January
571,701

333.643
888,492
942,272
956,464
647,140

February.

447,91s-

October.

KOTemb'r 1,006,501
.

March

.

.

572,728
476,582

261,913

1878.

288,848
689,264
779,237
893,664
618,727
566,824
303,955

1877.

98,491
578,533
822,493
900,119
689,610
472,054
340,525

1.

1876.

236,868
675,260
901,392
787,769
500,680
449,686
182,937

187S.

169,077
610,316
740,116
821,177
637,067
479,801
300,128

Total year 3,073,110 4,490,312 1,140,519 3,901,823 3,734,592 3,737,682
Pero'tage ot tot. port
receipts Miir. 31 ..
89-58
9310
89-78
92-48
99-66

This .statement shows that up to Mar. 31 the receipts at the
tills year were 594,2SS bales more than in 1879-80 and
984,591 bales more than at the sam* time in 1878-79. By adding
to the above totals to Mar. 31 the daily receipts since that time, we
shall be able to reach an exact comparison of the movement for

ports

the

different years.

The above totals for this week fjhow that the movement from
the ports other than Bombay is 9,000 bales less than for the
same week last year. For the whole of India, therefore, the total
shipments this week acd since January 1, 1881, and f»r the corresponding weeks and periods of the two previous years, are as
follows.

EXPORTS TO EOROPE PROM ALL INDIA.
1881.

I

Shipments
to all Europe
from.—

Bombay

Since
Jan. 1.

393.000
160,000

30.000
11.000

277.000
119,000

558,000

41 ,000

396,000

49.000
9,000

523,000

58,000

406,003
1

1.

1879.
This
week.

Since

I7,00a

56,000

56,000

1880.

Jan.

Jan.

All other p'rts

Total

.

This
week.

Since

This
week.

1.

This last statement affords a very interesting comparison of the
total movement for the week ending April 28, and for the three
years up to date, at all India ports.
Alexandria Receipts and SmPMENTS. Through arrangements
we have made with Mes.srs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt. The following are the receipts
and shipments for the past week and for the coi responding wtjek.
of the previous two yeai-s.

—

.

47

.

.

.

;

.

THE (CHRONICLE.

i

Alexatidria, Egypt,
April 28.

Bre-

1979.

1880.

1881.

[VoT„

Liver-

3.000

4..'i00

3,199,000

2.726,500

ThU

ThU

Since
Sept.

wetlc.

teeek.

1.

1,.'564,000

Sijiee
Sept. 1.

Since
This
week. Sept. 1.

Bxport8 (bales)—
1,700 232.450
3,4.51 169.204

.500 22.5,.500

ToLiveriMK)!

To

Ck>atiuent

9,161 133,84'

. .

3.000 157,000
2,000 73,500

WewYork..

9,402

N. Orleans. 23,358

Mobile
Charleston

3,591

Savannah..
Texas

1,316
4,000
9,010

Total Europe

cantar

5,151

9,661359,34.1

U 98

4r> 1,654

3,000 230,500

lbs.

This statement show-s that the receipts for the week ending
April 28 were 4,500 cantars and the shipments to all Europe

were 9.661

bales.

—Our

report received from Manchester
to-night states that prices for twists are ^d. lower, that shirtings
are unchanged and that the market is flat. We give the prices
of to-day below, and leave previous weeks' prices for comparison:

MANCHEi3TER M.^RKET.

1880.

1881.

32» Cop.

8>4 lb».
Shirtingt.

Ticitt.

d.

d.

d.

H.

s.

giaalde 6 lOiaas
fliaai038 6 101338

Feb.25
Mar. 4
" 11
" 18
" 25
Apr. 1
•8
" 15
" 22
" 29

y^a yg
o^& g's
9 ® 9'8
9 ® 9'e
9 * 9'e
9 ® 9's
8%a 9»8

6
6
6

9

a7
®8

6

9

6
6

9 ®8
5i3®7

5^97

8=8® a^^e

32» Cop.

Upds

lioisl.

d
2^8
278
10i2

9 STIOia
7is»7 9
7ia»7 9

(i

Ootfn
Mid.

81a
8ifl

d.

d.

H.

d.

638

1138*12

t:»8

1139

63l«

im®iisi

7
7
7

9 -BS 9
9 ^8 9
6 ®8 3

d.

»12

Cott'n

8I4 lbs.
Shirtings.
s.

Mid.
Vpldt

d.

A.

76,8

739
738
7I4
739
7I4
7I4
7

®llia 7 4hi-SS 3
®llia 7 4^-a>8 3
ailia 7 4i3a8 3
ailin 7 4isa8 3
6iin 11
1013 all
6
7 lia»8
ei5,g
51*18 lOSeaiOTe 7
08
5i5,„ lois ®10% 6 1015971019 6'»„
6»,fl

6»,«

6

11
It
11

The Followino are the Receipts of Cottojj at New York,
Boston, Philadelphia and Baltimore for the past week, and
since

September

New

Seeeipis

from—

1,

1880:

York.

week. Sept. 1

N. Orl'ans

Texas
Bavaunah

4,243 141,873
l,2B7i 94,738
2,800 214,132

Mobile ..
Florida

4'

B.Car'lina
N.Car'Iiua
Virginia..
Korth. pte
Tenn., &o.

Foreign

.

P/ii/udelphia.

4,759

This
Since
This
week. Sept. 1. week.

618

7,220
3,291
23,303
6,880
2,402

Since

Norfolk....
Baltimore..
Boston
Philadel .

SepM.

789

50,678
17,733

581 59.075
3,769143,955
657,111,924
96

253
829
1,171 44,130

561

I8.U31

88.600
132
26,625

Last year.

5,625 360,046

1,273 68,775

2,432 202,769

9,918,975,1681 3,152.382,934

307 81,766

2,0531167,863

—

Total bales

Nbw York—To

Liveroool. per steamers Abyssinia, 2,585
Botlinia, 175
City of Bcrliu, 664
City of Brussels,
442. .City of Paris, 811..EBgliuid, 2,389.. Herschel, 2,336.
To Hull, per steamer Sorrcuto, 100

To Havre, per steamer St. Laurcut. 677
To Bremen, per steamers Moscl, 490
Weser, 700
To Hamburg, per steamer Silesia, 410
To Rotterdam, per steamer Nero, 261
To Antwerp, per steamer Switzerland, 40O
To Reval, per sbip Lorely, 1,970
per barks Emilia, 2,300

9,402

100
677
1,190

410
261
400

per bark Clytle, 3,591
CHABLKSTON-ToBarceloua, per bark Embla, 1,412 Upland
Bavaunah-To Liverpool, per ship Pohona, 1,003 Upland and
311 Sea Island
To Santander, per ship Don Juan, 700 Upland
Tux AS- To Liverpool, per bark Anna, 4,000
To Havre, per bark Flora, 1,750
To Bremen, per bark Emma Parker, 1,751
To Antwerp, per bark Flora, 1,035
To Reval, per bark Sidon, 1.4.50
To Genoa, per barkeutiue Kariian, 1,060
To Vera Cruz, per steamer Whitney, 903
KOKFOLK To Liverpool, per ship Alexandrovna, 4,750
John
Bunyan, 4,260
Balttmorb—To Liverpool, p3r steamers Enrique, 98
Oracia,

—

2.274
3,591
1,412

;

Satur.

Liverpool, steam d. 3l6®'4

Do

8ail...(f.

Do

Bremen, steam,
sail

Do

Amst'd'm, steam.c.

Do
Do
*

1,751
1,035
1,450
1,060

The

la-

la-

la*

la'

Ifl.

''iKaH

Thurs.

V
V

Ti6®ia

''i6®'a

7x6® la

14'

V

14*

14*

"4*

14

'4

I4

"4

14

14®-'16

'4®9l6

FH.

i^asis

l4<*9lB

l4®9lB

V
7ie®i«

V
H

i4®»ie

sail... (2.

steam

d.

38

38

38

38

38

e.

=18

"18

618

B,e

He

sail

38

Compressed.

—

Liverpool. By cable from Liverpool, we have the followingstatement of the week's sales, stocks, &c., at that port:
April
Sales of the

week

8.

64,000
4,900
3,300
52,000
4,900
13,300
821,000
626,000
28,000
22,000
395,000
301.000

bales.

Of which exporters took
Of which speculators took..
Sales Americau
Actual export

Forwarded
Total stock— Estimated
Of which American— Estun'd
Total import of the week
Of which American

Amount atloat

ipril 14. April 22. April 29.

42,000
5,700
1.300
32,500
3,700
11,000
863,000
644,000
91.000
56,000
377,000
298.000

30,500
3,600

500

52,000
4,000
2,500
43,000

22.500
6,600
6,600
17,000
21,500
927,000 1,000,000
710,000 762,000
113,000
153,000
104,000
112,000
350,000 286,000
253.000
177,000

Of which American
The tone of the Liverpool market for spots and futures each day of the
week ending April 29, and the dally closing prices of spot cotton, have

Saturday Monday. Tuesday.
Market,
12:30 F.M

\

Quiet
and

m'nd

^

Bteadj.

ly

Mid. Upl'ds
Mid. Orl'ns

Wednes. Thursd'y.
Mod.

Fair defree-

freely
supplied.

Steady.

met.
5^8

5 '8
5l»l8

51^18

6,000
1,000

8,000
1,000

8,000
1,000

Steady.

Steady.

Steady.

inq.

51B„

515ij

513l8

6

12,000
2,000

8.000
1.000

Fnday.
Tending
downw'd.

8.000
1,000

903

Barely
steady.

Very

dnil.

Saturday.

Delivery.
April

d.

52832
52830

I

I

I

6

Delivery.
|Sept.-Oct

6I18

6li«

|Nov.-Deo

b^zs

d.

Delitery.

June-July

Julv-Aug
May-June.. ..o'sa^o^j Aug.-Sept

Apr-May
892

Dull.

The actual sales of futures at Liverpool for the same week are iri ven
below. These sales are on the basis of Uplands, Low Middling ihi.ise,
unless otherwise stated.

6%

I

d.

MONDAY.
Apr.-May
May-June
June-July

52032
5is,8
6I32

95,095

particulars of these shipments, arranged in our usual

I

|

j

June-July
Oct.-Nov

July-Aug

6332®ii6

Aug.-dept
Bept.-Oct

6:132®! 18 iNov.-Dec

I

•J'«

6
51'!ie

53932

TUESDAY.

314
April

form, are as follows:

Is*

V

9,010

4,006
2,000

„

^32-''32

e.

»ai\...d.

Wednes.

Tues.

3l6®'4 3i6®l4 318® 14
^32® '33 ^32®''32 ''S2®'32 ^32® ^32

l3>

^18® "3

.c.

Sambnrg, steam. <2.

700

1,259
;.......
PliiLADELi-HiA- To Liverpool, per steamer Lord Clive, 2,000..
Ban Francisco— To Liverpool, per ships Kmight Companion,
309 (foreign).... Jos. S. Splimey, 5 (foreign)
.

e.

3fon.
3,j3,l4

4.000
1,750

381

—

^aa-'sa

e.

sail

1,316

283
To Bremen, per steamers Koln (additional), 202
KronprinzF. Wilhelm, 690
:
BOSTON-To Liverpool, per steamera Caspian, 789
Illyrian,
822
Massachusetts, 487
Minnesota, 649
Olympus,

.„

892

been as follows:

....Nina, 1,731
6,001
Liverpool, per steamers Author, 1,850
Cadiz, 2,950
Excellent, 4,341
per ships Enoch Train,
Martha Cobb, 4,361.... per bark Gaspee, 3,180... 23.338
6.676
To Havre, per steamer Alexandre Bixio, 3,584
per barks
P. Bredsdorff, 2,358. ...Orion, 1,001
6,943
To Bremen, per ship Saranak, 2,713
per barks Navigatore, 2,207.... Themis. 3,552
8,.502

To Reval, per bark Tellemach, 2,274

1,060

probably be a total loss. Part of the cargo, consisting of sugar,
fruit, cotton, <!ic., has been saved. The steamer is fast breaking
up. The City of Austin lias been one year on the route between
this port and Mataiizas via. Femandina and Nassau. Previous to
that she was in the coasting trade between this city, Femandina
and Galveston. The loss of the steamer is attributed to the pilot.
COBOSILLA, steamer (Br.), fmm New Orleans for Brcmeihaven, with a
careo of 3,007 bales of cotton, and corn, arrived .-.t St. Georges,
Bermuda, April 12, with loss of all of the propeller blades. The
captain reported April 5, during moderate weather, discovered
that the proi>eller blades were gone supposes the loss was occivsioned by sinking floating logs of timber, as several were passed
Immediately afterward. She was discliarging on April 21.
MoBii.K, steamer, from Mobile March 31 for Liverpttol, ai rived at Queenstown April 25, short of coal and with loss of funnel.
Lord Canning, ship, from New York, at Liverpool April 22, had deckhouse slightly damaged and lost two boats.
Crown Jkwel, bark, at Galveston, loadng for Livei-pool, with 2,000
bales of cotton, was discovered to be on lire on Monday evening,
the 18th inst. There was no one but the crew on board, and they
managed to extinguish the tire, which was confined to one bale of
cotton, stowed immediately under tlie deck. There was slight
damage to other cotton by water. The burnt bale was sent ashore,
there being no other damage requiring bieakingout of cargo.
Cotton freights the past week have been as follows:

Mew UKLEAN8—To

MoniLE—To Liverpool,

1,450

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Crrr of Austin, steamer, from Uatanzas, via. Nassau, for New York,
stranded on Pelican Shoals, near Fcrnandiua, April 24, and will

1

Shippino News, The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
95,089 bales.
are the same exports reported bv^ telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared np to Wednesday
night of this week:

Total

314

1,035

Total... 57.378 9,370 12.745 1,696 9,725 2,112 1,060 95,089
Included In the above totals are from New York to Hull, 100 bales
from Galveston to Vera Cruz, 903 bales.

Baltic,

This year. 15,218 995,950

3,591
1,412

314

1,751

.381

San Fran..

Do

478, 136,074

451 38,307
l,62d 213.813
1021
4.816
3,928 141,001
3191
3,385

'.

41.077

4.006
2.000

Havre, steam
3,213
104 21,431

Total.

18,441

2.016
11.949
9,010
1,273
4,006
2,000

1,750

Baltimore.
This
Since
week. Sept, 1.

Genoa.

der.

700

I

Since

Tliis

wtrp. Itevat.
661 6,001
2,274

1,412

.

• A.

Saree-

lona it
Sanlan-

Uavre. burg.
677 1.600
6,943 8,502

pool.

Beoeipte (oantars')—
Thl8 week
Since Sept. 1

Hotter-

men i£ dam <£
Bam- Ant-

xxxn.

Apr.-May
May-June
June-July
July-Aug

52932
52832

Aug.-Sept
Oct.-Nov

5ii>;8

May-June
Jun&July

6I32
6332

6B32
53I32
53133
e'lB

July-Ans
Aug.-Sept
Sept.-Oct

Nov,-Dec

6ie
63i8
63,8
5i°io

:

AraxL

THE

80, 1881.1

Deliteru.

(JHllONKJLE.

July-Aug

May-Juue
Juuo-July

0I31,

S<!pt.-Oct

d.

Aug.-Sept

6»s3
6S33

Apr.-May

S'.n>3i

Sept.-Oct..

tiSjj

Thdhsday.
G332»>16

May-June

S^'ie

Sept.-Oct

Jone-July
Aug.-Sept

6

Oct.-Nov
Nov.-Deo
Aug.-8cpt

6539
52933

April

5i6ig
5ii»j3

July-Aug
Nov.-Deo
May-June

eiig
S's
52»ji

May-June

f>*'32

June-Jnly
luly-Ang
Nov.-Deo

^I'lg

e"*

Friday.
Aug.-Sept
S's
5"8
Sept.-Oct
53I32 Ocl.-Nor
0132 |Nov.-Dco

Apr.-May
May-June

6»3j
6I33

I

I

June-July

July-AUK

S»s»

fa

527,3

BRE ADSTUPFS.

kinds are quite moderate, but
general trade is slow. Rye flour has declined materially, under
an increase in supplies. Corn meal, on the contrary, is dearer,
all

through an improvement of the eiport demand. To-day the
market was dull and weak.
The wheat market has been variable and unsettled. The
fluctuations were wide and frequent, even on the same day. On
Tuesday a decline in freight to Liverpool by steam to 3d led to
a large business for eiport, which in turn stimulated speculaYesterday the market was somewhat detion in futures.
pressed, but closed steadier, the sales embracing No. 2 red
winter at $1 28@1 28>6 on the spot, |1 23@1 23^ for May,
$1 20J6@1 21 for June and $1 17>6@$1 18 for July, and No. 1
white, $1 24@1 24>^ on the spot, $1 20@1 20^ for May and
Stocks in this market are now very
$1 18M@1 18M for June.
small, and supplies, except by rail, cannot be large until about
the middle of May. To-day the market was ^@lc. below these
figures for early deliveries, but otherwise unchanged.
Indian corn has been very scarce on the spot, and prices have
a.dvanced materially; but for future delivery the improvement
has been slight and fitful. The speculation, however, continues
to be sustained by the length and severity of the winter and

home

the extensive

1879-80.
4,079,403

1878-79.
4,838,974

1877-78.
4.083,533

01,951.408
86.538,002
30,444.875
11.042,015
3,029,02s

7l.3J.'5.457

73.S74.9d)
63.313.103
23.104. iOl
8,953.042
3.871.011

61.642.743

^0.19^,487
9.802.449
3,504,302

Total grain.... 190,008.320

186.075.281

17.1.116.370

150.967.223

.bbls.

e,43;<,l(i9

tnieat

tnsb.

Corn
Oat»
Barley

Kye

feeding having a tendency to cause scarcity.

81,lJ7.4r.O

S8..'it!8.818

18.754.078
8,781,«96
3,219,858

Coraparatire shipments of flour and grain from the
ports from Dec. 27 to April 23, inclusive, for four years:
Flour

Rye
Total grain

....

17,109.882
8.471.234
1,682,531
808,168

9,053.868
28,317.378
5.037,854
1,216,880
572,863

38.180,793

44.198.843

Rail shipments from Western
weeks ended

bbls.

Wbeat
Bai-ley

Bye
Total

Bail

11.477.828
15,617.302
5,136,905
1,601, 1.V2

16.265.409
17.130,079
3.049,270
1,296.969

616,666

951,840

1880.

Week

Week

April 23.
174,714

April 24.
90,467

839,872
56,162
38,743

143,102
509,918
429,806
53,005
41.073

3.548.249

1.181.504

busb. 1,03^,188
1,520,284

Corn
Oita

1878.
1,900,9S0

34.479.913
38,694,465
lake and river ports for th«

1881.

Flour

gam*

1879.
2,181,115

1,.522,217

8.105,;i78

bush.

VTheat

Oom
OaU

1880.

1881.
2,740,462

bbls.

better grades were dull at weak-

medium and

Supplies of

ening values.

476

Plour..

Barley

FRIDAY, P. M.. April 29, 1881.
The flour market has b«eii somewhat irregular during the
week under review. The export demand has been mainly for
low grades, and as these have been scarce prices improved
slightly; but the

:

1880.81
Delivery.

d.

6-Im
«>«
5i^is

Aus.-Snpf

8»5ia
S'^aa
G'lg
O'e

June-July
July-Aug

.

Wedhbsdat.

^

Delivery-

AprU-Mav
May-June

:

.

1879.

1878.

Week

Week

April 26.

AprU 27.

119,6:23

03,761

860.384
114.639
43,046

167,609
523,588
175,443
28.938
8,831

3,017,955

904,199

1,69:^,031
3()3,9.')5

and lake shipments from same portsfor

Flour,
Week
oois.
ending—

last four weeks:
Oals,
Barley,
Rye,
hash.
bufth,
bttgh.

Corn,

Wheal,
Oitsn,.

April 23... 175,905
April 16. ..18.5,141
April 9. ..204,618
AprU 2. ..228,404

1,343,9:^1

1,264,858

650,747
021,889

2.055.719
1,881,075
1,478.1.99

1,752,195

855.674
851.646
458.077
308,445

56.162 38.743
68.084 45.206
66.342 72.758
72,530 52.653

4 wks. 794, 128 4,181,415 7,167, 188 2..564,742 263.1 18 209,360
4 w'ks '80.. 426.402 5,665,842 13,344, 163 1.870.255 312,317 273.007
Receipts of flour and grain at seaboard ports for the week
Tot.,

euded April

23:
Flour,

At—

bbls.

Sew York
Boston
Portland
Montreal
Pbiladelpbla
Baltimore
New Orleans

Wheal,
hush.

117.014 1,040,250
84,430 130,130
2,380
60,000
16.660
800
20,040
188.000
25.459 460.800
15,674
67,302

Com,

Oals,

bush.

bush,

Barley,
bush,

502,890 573,282 127,000
365,800 32.400 23,250
3,300
6,800
1,400
144,000 3-5,250
3,000
260.000 21.700
115,708 54,728

hye,
bush,

5.344
1,000
1,000
3,000

week

2S2.500 1,017.282 1.455,108 725.060 153,340 10,344
20.150 21,724
Total receipts at same ports from Dec. 27 tj April 23, inclusive, for four years
1381.
1880.
1879.
1878.
Flour
bbls.
4,201,263
2,703,188
3,260,200
2,729.733
Total

Cor. week'80-... 156.020 1,343,731 2.400.104 3:i0,003

To-day No. 2 mixed on the spot sold up to 64^c., but receded
to 63;!^c., and sold at 56Mc. for May and 55e. for June.
bush. 18,893.715
25.304,867
Wheat
20,312.313
33,315,(>04
Rye has been dull and drooping, prime boat-loads being Oom
6,308.000
5,002,434
Oats
quoted at about $1 10 for May arrival. Barley quite nominal. Barley
1,750,048
1,320,102
501,320
037,430
Oats have been variable. To-day the market was firm; No. 2 Bye
64,8.57,2h4
graded quoted at 50c. for white and 46e. for mixed, and No. 2
66,800.737
Total grain .... 54.387.011
60.102,502
Exports from United States seaboard ports and from Montreal
mixed sold at 44%c. for June and 45c. for July.
for week ending April 23, 1881:
The following are closing quotations:
1171 ea(,
Com,
Flour,
Oats,
Rye,
Peat,
FUjur,
bush.
Grain,
bbls.
bush.
bush,
bush,
bush.
From^
So, 2
$ bbl. .$3 209 3 65 Wheat663,808
New York
115.620
777,706
1,101 26,376
5,601
Winter supertlue
4 253 4 40
Spring
,,.
01,300
171,763
$112
.. a>l 26
Boston
24,572
^. ^ winter
Spring supeillne
4 00*4 30
Ked
113 ®130
56,400
Portland
1,800
4,800
]

I

,

.

Spring wheat extras..
do XX iUlil XXX...
Win. & Minn, rye mix.
Winter shipp'gextias.
do XXaudXXX...
Patents
City shipping extras.
laKSouthern, liakers*
and
family lirancla
Bouth'n ship's extras.

Eye

4 OOai 4 00
Red winter, No. 2 1 27ia3)
5 00 a 6 25
White
1 15 31 26
5 00a 5 50 Corn— West, mixed.
60 -ai 61
Wont. No. 2, new.
4 65a 5 10
62 la 3 03^
5 25® 6 50
Western yellow..
.-..®....
6 50® 8 25
AVestern white
63 ® 65
4 60a 5 05
South, yell'w.new
.3....
South, white.new
63 a 03
5 753 e 75 Rye
110 ®1 14
4 753 5 50 Oats—Mixed
44 a 47
5 803 6 20
White
48 3 52
Barley— Cinada W. 100 ®1 15
2 75 3 3 10
State, 4-rowed...
•»....
3 203 3 03
State, 2-rowed...
....a
. .

Hour, iiupertlue..

Com mealWestern, &c

Brandy wine,

ifec

Pe:vs—Can'da.b.ifet.

.....3....

(From the " Ifete Hark Produce Exehanoe Weekly.")
Receipts of flour and grain at Western lake and riv*'- porta
for the week ending April 23, 1881:
Flour,
bblB.

Air-

(196 (6«.)
42,412
64.341

Oblcago
Milwaukee
Toledo

737

Detroit

11,239
2,668
32,012
4,645

Cleveland
St. Louis
Peoria
Total,

158,0.54
'80.

114.530

Oats,

Barley,
Hye,
bush,
bush,
(is lbs,) (56 (6«)

bush.
(56 (6».)

(3'2 lbs.)

567.146
4.500
178,266
10.161
91,000
730,110
362,350

333,051 37,173
10,500 15,560
20,084
5,000
7,735 10,037
51,200
2,000
170,003 22,482
135,000
0,200

709,080 1,943.533
032,682 1.537.941

747.163 103,252
625.977 7o!809

04.270
112.200
110,712
220,329

280.103
11,800

Duluth

Bame time

Com,

Wheal,
bush.
(60 (6s.)

Total receipts at same ports from
years

bush,

7.703
8,712

4,623
14,560

35 653
24i771
Dec. 27 to April 23, inclu-

sive, tor four

_,

FJonr

bbls.

Wheat

bush.

Com

Oats
Barley

Rye

1881.
2,758,339

1880.
1,770,657

1879.
2,094,418

11,737,565
25.751,094
0,315.370
3,154.193

13.089.434
40.436,966
6,772,232
1,999.705
631,700

17,736,224
23.242,708
7,144,094
1,911,296
914,698

567,220

Montreal
Philadelphia..
Baltimore
Orleans..

New

....

50..545.442

62.980.063

50.090.110
:

23,030
335,777
101,183

1,758,300 1,388,403
1,101 26.376 10,401
o,o76
2,288,520 2.102,210
7,878
9,536
The Visible supply of grain, comprising the stocks in granary
accumulation
at lake acd seaboard
at the principal points of
ports, and in transit by rail and water and on canal frozen in,
April 23, 1881:
~"
Oats,
Wheat,
Com,
Barley,
bush,
bush,
bush,
bitsh,
In store at—
bush,
902,355
07, 150 600.381
57.623
New York
16.258
156,000 260.000
160,000
Do. afloat (est.)
47,000
52,000
5,500
23,000
85,000
Albany
38,500
BulTalo.
151,953
1,001
2,378
80,067
4.483
7.676,156 *3,849.640 674.007 130.250
Ohicaeo
74.027
3,120,503
27.506
3,019
Milwaukee
177,300
3,404
1,351,000
5.000
Dultith
333.017
66,150
Toledo
1,603,187
9.600
300.700
6.310
Detroit
5,400
9,190
20,000
40,000
150.000
Oswego
20,000
248,307
992,768
60,978
2,318
8t. Louis
2.092
84,810
1.56,433
46,316
Boston
4,930
651
253,436
1,900 163,929
Toronto
7,186
44.007
12.972
Montreal
23,918
141
9,103
Philadelphia
204,386
97,273 110.000
27.460
123,541
172,567
Peoria
2,014
12,331
Indianapolis
88.400
65.100
30.200
' "'680
05,602
45,471
40,191
Kansas City
471,362
Baltimore
558,808
Down Mississippi. 1,333,888 1,934.284 973.572
53,758
51,143
535,435
15,802
255,733
On rail
1,231,982 3,900,035
76,660 239,800
Canal and river.
li',230
'80.

102.719

'.'.','.'.'.

IBTB
1,911,139

18,157,452
23,470,232
6,342, .521

2,302,836
1,243,041

51.525 082

Comparative receipts (crop movement) at same ports from
1 to April 23, inclusive for four years

August

276,773
370,780
178.802

Total for w'k 157.411

Same time

Tot. Apr. 23, '81 19,820.832 12,820.188 3.217.537 1.440.073

April 16, '81
April 9, '81
April 2, '81
Mar. 26. '81
April 24, '80
*

Total grain

6,210
6.054
2,255

20.456.502
20,723,131
21,752.350
21,413,138
21,404,865

13,378,703
13,467,447
14,266,400
14,205,880
12,747,037

3.030,061
2.948,383
3.201.100
3.384.043
1,909,549

1,500,935
1.766,072
1.070.208
2.139,201
1,202,978

298.288
329,664
447,401
433.801
322.433
4l>5,37ti

Including 715,633 bushels afloat.

The following statement, prepared b7 the Bureau of Statiswill show the exports of domestic breadstuffs from tha

tics,

undermentioned customs

districts,

during the moutliof March,

w

:

:

;

IRE CHROf^KM.K

476

and for the nine months ended the same, as compared
with the corresponding months of the previous year:
1881,

ssn^sstsTSt

S20

-5
*

at 00

ODOO

n> Tf

»

,

f*

O

SS

;

:

Ee;

E'

fi
22

?K3

"•a:

BBSS

gJ^ffiO^SPSICS

3

;

;

XX
a B ,xx

:
.

;

T O

j

:

.

SS:

xx;
XXOm;

ox w

xts^y^
OSCtOU'
h-CiCCC

tntt-oiUTi-'"*-'

'mccoc-.

to'fb-xbi'^o;

Xr-tOWl

XQDUC

XOH-rfOS «c

New York. The sale was the largest of its class
ever held in this country, and about 7.900 pieces were disposed
of, but at prices which probably entailed a loss upon the mantifacturer, though it is doubtful whether the goods could hare
been sold privately to such advantage, in the present condition
of the market.
Domestic Cotton Goods. The export movement in cotton
foods is progressing favorably, and the present year's business
ids fair to be the largest in the history of the trade.
The
exports of domestics for the week ending April 20 were 3,294
packages, of which 1,751 were shipped to China, 744 to Great
Britain. 409 to United States of Colombia, 6S to Central America,
65 to Venezuela, and smaller parcels to other markets. The
demand by jobbers was mostly restricted to moderate lots of
plain and colored cottons of the best makes (most of which are
steadily held), and low grade fabrics ruled quiet until nearly
the end of the week, when reduced prices enabled agents to
effect a fair business in some makes of bleached goods that have
been very quiet of late. Print cloths were quiet and a trifle
easier, extra 64x643 closing steady at S%e., and 56x60s at 3M@
3 516c. Prints and lawns continued sluggish, and cotton dress
goods were generally dull; but there was a satisfactory demand
Amsterdam,

—

;

»

ODOD'
ODCO'

for dress
firm.

oatox

i^OiOit^

c oi *i a

bxcsx

tf*.

M
c. o
topics

I-

O"- OO h- c

C-M

WtOWOJCCC

xocx

C. »- Of

iU"

O Oi

X-3

h-tC*'

OSOi;
<1C0

OiW

*-ox

x^cc
-1

.

t3

rf-

X

o X -1 v<
c;'

.

OiWOitOCK s
i*i.

-oo.

XO-

-^ -.1

Ci

rf^

01 J'

a

*i

i 10

X^

'•OfcCli

'

CO Oil

to®o.

eiocs-i«o:5
qo#-xc;m

M wio"^roci
o» o
moo. c 1^ ^m Jl
-

C.'

COCiXCD

to

wwx

Itk

tc tc O'

- 00

— - C.

QCJMOt

MOipi;

bbtow

'tib'toix

oo.

UOIO>£>

(Oiocac;

w CO en -* li

*1S
(D

—

fs-

rf*

V-

COOO^M
030^0:

WOCJ

34,788 27,138 22.215

'tjVjVb

0012.

"lO^o

O- OOOQCj*

03W#-tO

MiotoV

V' CiC5

y ovosQc
'i*.'-'--l^'J-^^*^OWO •
<tOO('-tO>t.)-'MtCOtC M
WC;ih-K)tOpp^<100_'-l CD

cxxoxV-lx'wi'ioxc:

Co:

Ci

—There has been a somewhat more

able sales to jobbers disposed to anticipate their autumn
requirements. Worsted dress goods were mostly quiet, and
lace buntings are lower in some cases. Carpets were unsettled
by the auction sale alluded to above, and some makes of
tapestry carpets will be reduced on May 1 in order to meet the
market. Hosiery and knit underwear continued quiet and
unsettled.
PoREioN Dry Goods have been dull in importers' hands,
but jobbers have experienced a fair demand for light re-assortments of silks, dress goods, millinery goods, linens, embroidPrices of the most desireries, laces, hosierj' and gloves, &c.
able fabrics are fairly sustained, but there is some pressure to
sell low-grade silks and some descriptions of dress goods by
means of concessions from nominal holding quotations.

t0O4-O'

oo-

OSCCCDO

cibx csxtc
^-^-o COICl-•COt

^lOX'

PCM

*-a.tOM

rt-

-*

cocc*-to «

Importations of Drr Guoda,
The importations of dry goods at this port

lO^-

5

rfi.OXCJ'CO^XlCOl^D-J.
ct c: --J >— c rf^ — -)Oi*-x'

:

and

and worsted coatings ruled quiet in first hands, but a fair distribution was made by cloth jobbers who control certain makes
at present. Satinets were in light demand and Kentucky jeans
ruled quiet, save in exceptional case.s, where price concessions
and liberal time inducements enabled agents to make consider-

;

CI,-'

u

staple ginghams, which are in light supply

satisfactory business in heavy fancy cassimeres, and considerable orders for both all-wool and cotton-warp makes were
placed by the clothing trade. There was, however, much
irregularity in the demand, a marked preference having been
accorded to leading makes, some of which are largely sold to
arrive.
Heavy worsted coatings received a moderate share o£
attention from clothiers, and fair sales of fancy-backed overcoatings were made to the same class of buyers. Spring cassimeres

la

OiO'X
CDClcox^c

WXO

and

Domestic Woolen Goods.

xcso*»
ro

xxxn.

01..

[

for the

week

ending April 28, 1881 and since January 1, and the same facts
for the corresponding periods of 1880, are as follows:

«j2.

^OOitC

p«

M.

.

^ tt»-lCl-'OWtf'WXO'
-OXXrOlOXCtCtf^r
w xp pyp j-;p
-^ ^j
*» o w ct
— -' w w
oi

CO ^1

'

:,T

X

--1

t*^

w'

X

WliM*.
J- ^1

'^

a»

forcjrolnf; totals nre the reports from Milwaukee,
Haven, Portland, Riclimond and Willamette, the details for March,

Portland.

nacen.

kee.

Talue
Indian corn-

$

Bushels
Value
Indian com

*

nifli'
tnoiul.

g:

;

a: k

El.®a
CD .

rtte.

:

•

•

;

;

o

liiiiT

-!

OHO

V

^]

....'

40,136
29,800

.

TTillam-

37,713
22,628

(tk

:

Or-

I

--I

xowc

COCX>-'^l

c.
\

OC:

t;!

HI-*

COlf*X<J<l

O O" X

pt^

Xl^tXWjO

w 10
10
a -J o o -1
;,T

CiOD

ts -1 i»
t,T (_.

OU

y 05
pC"

-10

$

)^ to to 10

-IW--XQO

l-'l-

Barrels

-

!

IC 10

a

-4-5

meal-

Value

:

•a;

MilwauBushels

s:

t

1881, being as follows

Barley—

250^2

^ICOmCO

Included in the

New

»'fl
toto;-iai

J-

cs

xitq

rfk.

lOM wxco-%

9P
CStO

d'Jirfi'XX
^x CJOOOO
1^ X :stuoi
MX

'w'-h-'oxco
-I

O X c«

»*-

C5 to

4*.

>-' .ii

Oats—
Bushels
Value

CiCOi-' Wh-*

— 0*5^01

$

Eye-

^tO;vIOp
VibbtVib

"ii-CiOb'*"
Ot -J

Bushels

Value

CTX

$

Wheat—

62,406
67,303

Bushels

Value

$

TVhcat flourBarrels

Value
Total valuesMar., 1881
Mar., 1880

4,100
20,750

$

1,451
1,887

171,341
139,860

24,189
164,500

8,090
25,070

io**x'io*o;0i
oo

OJCOh-H-O

ICO-^O-1
oom o

X<1

XCIX W'-'

oo

CJ"Xtf»-p^

r.Ci

2,373

9 months—
1881

$

1860

$ 075,033

331,.'594

38,965
48.473

117,913
508,465

189,07D
186,613

164,930
336,955

Fkidat,

The movement in dry goods from

first

p. M., April 29, 1881.

bands has been only mod-

erate the past week, and there wasa good deal of irregularity in
the demand, certain fabrics having shown a fair de.gree of animation while others were almost neglected. The jobbing trade
was of fair aggregate proportions, and it is probable that the
business of the month, now nearly closed, will prove to be considerably larger than that of April, 1880, which, however, was
by no means an active month. The most important feature of
the week's business was a peremptory auction sale of tapestry
jitussels carpets, tl^p m.aniifactwe of Mr. Stephen Sandford,

I—

to K)

»f^

C 35
X
-1 O O O -I
"-000-]

OO

XtO
W>
I

I

O'CO

xp

X-J
tt-

CO
'

O

I--1

"^W

O

»*^

O -J

ClCiWOl

C CO to to CO
CO X O O
».C0OWwl
t-'-JWOW

WXfXp-I
d^IO'OCl

WX>-Xi*"

O tS

X^C:«:X

rjD

cs 01

w

-1

•-]

O'

CJt

r;

-ItOOOiCO^
U"

c; to 35

Ci'

ww

-JWrf^OCl

C/T

929,418 1,338.334 1,772,715
647,384 1,281,009 3,742,632

THE DRY OOOD3 TRADE.

rf^

X
-J X -•
X CO U X Ul

;CC0C3--lCi

tt*

$
$

WO

'-'

f- 3: -£ **

X
X
>-*

^1

I

I

X

X-k-J-Jp-*
Vi^'ift'XCs

O"-

x to

\

^;

I

c.u:;t-a<-^

wwM

I

:

•-

XW^^jqW
»0 3i 3:

1*^

ti

M 10 3: Ot M

to-n
OtJ"

WOtWXO
^•-•MMh-M

Vim

XX
XX

t3^-4WO

pWWh-

i.'i'l-XOW
h- x.

CO

i-i

^ w
r

to
rr Oi

'CO -4

ItiiX

stoto

-wb
"too
JXp

-IX
"^.^

xo
K.K3

OiO<
XOii

b VV)
C X o to
xtotocoo

"i-b

;

**.at

*-C

t:*.ppp
Ih-'iiVMM
c;-

X w
1*^

Oi to
c:
ro

>!* •&-

(t^-flft

o

Xc
—
^ c- <i
o»
•

C'l

"i

2

,

Apiul

THE

80. ItSl.l

CflRONlCI.K

The Brooklyn Trust Co.
Cor.of Montiwae

This Company

t

Clinton sti., Brooklyn, N. T.

authorized by special charter to
act as recoiver, trustee, guardian, executor, or adIs

min Istrutur.

It can ;ict as affect In the sale or manaKoment or
real estate, collect interest or dividends, receive

refdstrj and transfer books, or make purchase and
Bale of Government and other securities.
KeiiKiou.4 find chiirltubie institutions, and persons
Qcaccustumed to the trani^actlon of business, will
tod this Company a safe and convenient depository

C. A.

KiNNESr,

8.

&

Kennedy

S.

J.

Kennedy Tod.

J.

H.

WILLIAM STREET,

No. 63

New York.
BUY AND SELL

NKGOTIATB LOANS AND DRAW BILLS OF
EXCHANGE ON LONDON
All business relatlns to the Construction and
Equipment of Railroads undertaken.

all

See quotations of City Railroads in this paper

r^

&

Co.,

New, New ¥ork.

INVESTMENT SECURITIES.

Foreign Bankers.

Hong Kong &
The Corporation

J.

BANKERS AND BROKER!^,
New Voib.
New York

Thirteen Tears' Membership In
ExchanKe.

Stock

Sistare's

NASSAU

ir

ST.,

Sons,

NEW YORK,

DEALERS IN

FIRST-CI..4SS

INYESTMEKTS.

graph.

E.

Bailey,

S.
7

PINE STREET.
Dealings in

Insurance
A.

BANKER AND BKOKEE,

BROAD OR 27 WAT,I, STREETS,
NEW YORK,

Beeurities bought and sold

on commission for cash

Advances made on approved
market rate.

CAPITAL,
SVRPLVS,
0. F.

lyefosits received subject to chock at sicht.
i per cent Interest allowed on all daily balances.
Orders executed at London, San Fnincisdo. Boston, Phlladelpbia and Bait Imoro Exchanites.
'^'"'^ Weelcly Financial Report Is
.,*i";'*^ "i'*,
muled
iiae «( cbarge on application

$13,000,000, Gold.
6,000,000, Gold.
President.

8MITHERB, General Manager.

XEW VORR
Nos. £9

OfFICE,

WALL

61

ic

.STREET

Walter Watson,) AtOnt*
•_._,.
ALEX'K LANG,

Buy and

f

Sterling Exchange, Francs

and Cable
Transfers grant Commercial and Travelers Credits
available in any part of the world issue drafts on
and make collections In Chicago and throngheat
the Dominion of Canada.

($14,400,000, Uold.)

sell

;

Execute orders for the purchase or sale of Merchandise, Bonds, Btocks, and other securities. In the
United btate», Europe and the East make Collections
buy and sell Foreign Exchange, and give advancei
upon MercbandlHe for Kxuort.

;

;

Nbw

S.

CARTER,

STANTON BLAKE,
UENKV K. HAWLKY,
York. January

Office,

AgenU

)

London

for

\

America

)

Office,

No. 9 Blrchln Lane.

1, li)79.

142 Pearl Street,

New

Calilornia Banks.

Vorti

The Nevada

Bank
Nederlandsch Indische
OF
SAN FRANCISCO.
Handelsbank,
New York Agenc}-, 62 Wall St.

AMSTERDAM, HOLLAND.
Established in

SURPLUS,

1863,

Agencies

(LIMITED).

LONDON, Head Office, 3 Angel Cksort.
SAN FRANCISCO Office, 4«2 CaUfomU St.

CO.,

Agents for Nouth America
WALL STREET, NEW YORK.
M STATE STREET, BOSTON

NEW VORK Agents,

I

Capital, $1,000,000.
D. R. WILKIB,

HOWLAND, Pres't

UEAD

;

& W.

Authorized Capital, •
Paid up and Renerre,

Imperial Bank of Canada
S.

J.

Seluiinan

A Co.

BOSTON (Torrespond'ts, Maesaoliusetts N. B'k.

Canadian Banks.

H.

Agent.

Anglo-Californian Bank

business of a financial character in connection with
be trade with the Dutch East Indies.

18

BRANDEB,

BONDS,

THE

Issue commercial credits, make advances on shipments of staple merchandise, and transact othei

dc

L.

8.

ISSUES Commercial and Travelers' Credits, available in any part of the world. Draws Kxcuange,
Foreign and Inland, and makes Transfers of Money
by Telegraph and Cable.

iii Batavia. Soerabaya and Samarang.
Correspondents in Padang.

BLAKE BROTHERS

INVESTED IN U.
»4,000,000 GOLD.

GEORGE

($4,800,000 Gold.)
HE.VD OFFICE IN AMSTERDAM.

$6,000,000.
1,700,000.

Transact a general banking business. Issue Commercial oredlts and Bills of Exchange, available In
parts of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favor*
FRED'K F. LOW,
able terms.
Im».„.»«~
"*"***"•
all

IGNATX STEINIIART,!

Cashier.

P. N.

OFFICE, TORONTO.

LILIENTHAl,.

Cashier.

BliANOUES:

Boston Bankers.

Port Colborne, St. Thomas, Ingersol?,
Wetland, Kergus, Woodstock, Winnipeg, Man.
Dealers in American Currency & Sterling Exchange.
Agents in New York:
Agents In London

St. Catharines,

:

collateral at the

-

QEOKGE STEPHEN,

I

ESTABLISED 1824.
Pald-np Capital, 36,000,000 Fiorina.

o/ the N. r. Stock Exchanoe.

General Bankinn Bnsiness Transacted.

Of on mart^in.

*C(J

OF HOI.I.AND,

No. 45 Wall Street

F. E. Trowbridge,

A

BBr>8.

W LAWSON
of Montreal.

Bank

The Netherland Trading Society

Interest allowed on deposits.
Investments carefully attended to.

Member

Bills collected

I

securities.

No. 3

Stfn

Handel-Maatschappijj

Transact a Beneral banking and brokerage bUBiness in Railway Shares and Bonds and GoTernmeot

I

on Canada, British Coliaubla, Portland, Oregea,
Francisco and Chicago.
and other banking business tr«iifMted.
D, A. MCTAVISU. Affeata.
also

<'^iO,

Nederlandsche

SPECIALTY.

[Established 1854.]

St.

ITIERCIIANIS,
AMSTERDAM, HOLLAND

Stocks

Gwynne & Day,

WALL STREET.

No. 63

Paid-up Capital, 12,000,000 Guilders

Canh paid at once for the above Securities; or
ttiey wlli be soM on commission, at seller's option.

North America,

British

con MISSION

Sell

All deposits subject to check at sight.
Particular attention to orders by mail OT tele-

J

o>

BANKERS

OLIVEI!
on Commission, for cash or on marKin, all securities dealt in at the New York Stock
Exchange.
Interest allowed on dally balances.

Buy and

JR.,

Buy and sell Sterling Bxobange and Cable Transfers. Issne demand drafts on Scotland and Ireland.

Adolph Boissevain &

B.J.Kimball, A.B. Lounsbebv, F.E.Ballabd,
Members of N. Y. Stock Exchange.

Geo. K.

69 "Wall

HARRIS

Ba n k

Co.,

No. 4 Exchange Court,

B.

firant Drafts, issue Letters

TOWNSEND, Agent,

1*1.

Canad*

AQENCT OF THE

BONO KONO.

N Y. Correspondents.— Mes.rs. BLAKB

&

Kimball

JOUN

Shanghai

of
Credit for use of Travelers, and negotiate or collect
Bills puyableat Bombay, Calcutta, Singapore, Saigon
Manila, Hong Kong. Kooohow, Ainoy, Nlngpo,
Shanghai, llankow, Yokohama, Uiogo, Sau Francisco and London.

A.

in

Neiv York Asency, 48 ExcbanKe-pIaee.
BISNRY HAGUE
)
.„.„,,
Afient*.

t5,000,000
1,800,000

OFFICE,

makes collecthms

parts of the world,

BANKING COUPORATION.

Special attention to business of country banks.

R.

Banklnit Comp'7.

and elsewhere, and issues Drafts payable at any of
the offices of the bank in Canada. l>cniand Draft*
Issued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.

I

BANKERS AND BROKERS,
f Xfall St., Cor.

LONDON, KNO.-The Clydesdale

Maaagcr

CITY RAILROAD STOCKS & BONDS NEW YORK-The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Exchange, (;able Transfers, ibsues Credits available In
BOUGHT AND SOLD.

HEAD

Collect Coupo.vs axd DiriDiNoa;

A. H. Brown

Y©KK.

RB8EUVK S'UND

SAILBOAD INTESTUjEyT SECURITIES:

OFflCE, nONTRBAL.

OBOROE HAGUE, General Manager.
WM. J. INGRAM, Asst. General
BANKKKS:

N*. 146 BROADlXrAY,

CAPITAL (paid-up)

I

HEAD

L. Grant,
NEW

•5,500,000 Paid Up.

the Hon. JOUN HAMILTON.
Vloe-Pmldent, JOHN McLBNNAN, SSQ.

BUTTKICK, Member of the N. Y. Stock Exch'fie

Co.,

3IERCHANTS,

or

CANADA.

dc

Wh. Ellih.1 n. Mem ber of the N, Y. MiolnK Exeh'KS

:

JOBK

Merchants' Bank

Elliman,

39 IVall St, New York.
Capital,
BONDS, STOCKS and INVESTMENT 8ECUBITIK8
BOUUUT and sold UN COMMISSION.
President,
Noa. 37

Wm.

B.Kendall, Henry Sanger, Alex. McCue,
Chas. II. Marvin, A. A. Low,
John P. Bolfe,
B. F. Knonlton, Abra. Jl.Bayils. lienry K.aheldon,
H.B. Pierrepcmt. Dan'lChauncey, ,John T.Martin,
Alex. M. White, Josiah o. Low, lilplcy Hopes,
Austin Corbln. Edmund W. Corlies.
WM. K. BUNKER, Secretary.

&

Buttrick

BANKERS AND BROKERS,

HlPLKY HOPES, President.
CHAS. K. MAKVIN, Vlce-Pres't.
TRUSTEES

formoney,

Canadian Banks.

Finaneial.

Financial.

BOSA.VyCKT,

Co.,
Street.

Parker

1

BANK OV MONTREAL,

SALT*

Lombard

69 Wall Street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable in
gold or currency, discounted at the Head Office on
reasonable terms, and proceeds remitted to any
part of the United States by draft on New li^ork.

78

&

Stackpole,

BANKERS,

|

No. 68
I

I

DEVONSHIRE STREET.
BOSTOIV.

:

CHKONICLE.

THli.

Pbtladelplita Bankers.

Boston Bankers.
Geo.

Foote & French,
BANKERS,
AND DBALBRS

BONDS,

ORDERS MXBOVTED IS

NBW YORK,
PHILADELPHIA,
Ko.

COXGRESS STREET AND
2 CONGRESS SQUARE,

OFFICE OP TUB

ATLANTIC

Dealers in all Issues of United States Bonds.
Investment Securities a specialty. Correspondence
Invited and full information upon financial subjects
furnished.

Mutual Insurance Co.,

BANKERS,

NEW VORK.

Company, submit the following Statement
December, 1880:
Premiums on Marine Risks from
the

of Its affairs on the 31st

MILLEU. B. !>. WILLIAMS, JNO.
CHA8. H. MILLEU.

St.,

&

Thos. P. Miller

BOSXON.

Ist January, 1880, to 31st December, 1880
$4,232,075 04
Premiums on Policies not marked
off 1st January, 1880
1,495,947 23

Bankers.

Soiitiicrn
P.

.

Total Marino

HILLIB

Geo. h. Holt.

Geo. Wm. BALLor.

&

Brewster, Basset
rt

«...

,

^

t\

t;

H

,

ber,

BURRUSS, Prest,

E. B.

Walker,

A. K.

Cashier.

all

Pi.

€.

other Stocks

STOCK EXCHANGES.

&

Co.,

R. H. IllAURY
IN GOVERXMKNT SECURITIES
County and Railroad Bonds.

&

Tower, Giddings
B

Co.,

ANKERa,
New York

Morton,

JOHN

Cash.

P.

BRANCH,

President.

Fked. B, Scott, Vice-Pres't.

BRANCH &

Baltimore Bankers.

THO:nAS
CO.,
BANKERS AND COMMISSION MERCHANTS,
RICH.^IOND, VIRGINIA,

W.S.Whiteley,Jr.&Co.

Information on all classes of Southern Securities,
especiallj State Bonds, Tax Coupons, &c.
Cur-

BROKERS,

respondencc

AND BONDS, AND DEALERS
IN FOUKIGN EXCHANGE,
Corner South and German Streets,
BAIiXliMORE, JTID.

Correspondence Invited and

full

information on

financial subjects furnished.

J.WlLLCOX BROWN.

C. D.

No. 19
•p. O.

Box

874.

Robert Garrett

&

Sons,

&

Co.,

BANKERS AND BKOKBR8,
and YIBQLNIA BKCURITIKS
InforiLatlon

a

N. I CoitxxaPOHnsaTi—McKlm Brothera
,

*

fur.

Oa.

By

cruder of the

J. H.

STREET,

is

Board,

CHAPMAN,

TRU

&

W. H. H. Moore,
Lewis Curtis,
Charles H. Russell,
James Low,
David Lane,
Gordon W. Bumham,
A. A. Raven,

Wm.

Co.,

ST, liOUIS,

Sturgls,

Benjamin H.

Iflo.

Western Investment Securities

H. R. Prather

D. Jones,
Charles Dennis,

J.

Adolpli Lemoyne,

for

St. Louis City and States of Missouri. Kansas,
Texas. Arkansas and Colorado Bonds a specialty.
Full Information given In reference to same on aplloation. Coupons and dividends collected.

86

ipejialiv.

and

P. F. Keleher

REAI. ESTATB

BALTIKiORE.
solletted

S. C.

sale.

•

Oorrt cpondence
BlBhed.

CHARLESTON,

First-class

BAI.TIITIORX:.

WVK8TMKNT

CIIARLEST02V,

Natioxal Baxkixo Association,

305 OI^IVE

TRANSACT A .GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS.

Wilson, Colston

WM.C.CouHTNEy, Pres. EbxestH. PHixGLE,Cash

IVestcrn Bankers.

BANKERS,
SOUTH STREET,

No. 7

kinds of Investment Securities
outright or on commission. Information furnished.
Orders and correspondence solicited.
sell all

Special attention given to Collections.

GEKMAN STREET,
BALTIinORB

A DIVIDEND OF FORTY PER CENT

declared on the net earned premiums of the
Company, for the year ending 31st December,
1880, for which certificates will be issued on
and after Tuesday, the Third of May next.

AUGUSTA, GEORGIA.

BAAK OF

of

Secretanr.

RIIIlVD,

Lowndes.

Brown & Lowndes,
BANKERS AND BROKERS,

I

STOCK AND BOND BROKERS,
Buy and

and

the issue of 1876 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the First of FeUruary next, from which date all Interest thereon
will cease. The certificates to bo produced at
the time of payment and canceled.

solicited.

HARRIS &

STOCKS, NOTES

the outstand-

be paid to the holders

THE OUTSTANDING CERTIFICATES

Buy and sell Government, State, Municipal and
Railroad Bunds and Stacks, ic. Virginia State TuxUeceivable Cuupuns bougtit and sold. All orders
proniptlv attended to
New York Correspondent, VERMILYE A CO.

J. B.

PEE CENT INTEREST on

thereof, or their legal representatives, ou
after Tuesday, the First of FebiMary next.

Collections made on ^11 Souchern points on best
terms; prompt returns.

BOSTON.

Orders for Stocks executed in Boston,
and other markets.

CO.,

MERCII.\NTS' NATIOxVAL BANK,
RICH.IIOND, VIRGINIA.

DEVONSUIKE STREET,

No, 83

$12,008,336 71

certiflcates of profits will

RICHMOND, VIRGINIA,

DKAuERS
State, City,

&.

SIX

470,000 00

337,977 37

Amount

STOCK BROKERS,

STATE STREET, BOSTON.

40

CashluBauk

RICH.HOND, VA.
SOUTHER}! SECURITIES A SPECIALTY.

1,187,900 00

1,628,921 34

ceivable

MAIN STREET,

No, 1104

$8,983,558 00

otherwise
Real Estate and Claims due the
Company, estimated at
Premium Notes and Bil.s Re-

Schoolcraft,

STOCK BROKERS,

Al 80,

Chas. A. Sweet

&

assets, viz.:

Loans secured by Stocks and

parts of the United States^

K05»T0X.

Campbell

98

$873,113 96

The Company has the following
United States and State of New
York Stock, City, Bank and

National Bank,

made on

Collections

i{;2,071,233

Returns of Premiums and expenses

of Liverpool, Liverpool.

«iHKK'<,

DrnlcVH in I>lunicipal, State, Railroad and
r'liilKfl ^-tllteH Bonds,

$4,141,037 80

penod

payment.
Correspondents.— German- American Rank, New
Tork; Louisiana National Bank. New Orl'jans; Bank

WILlllNU'rnfN,

MEMBERS OF THK NKW TOUK AND BOSTON

1880

Losses paid during the same

Special attention paid to collections, w^vh proiaM
remittances at current rates or ezchangti on aay or

First

^

('«'^<.tt >..<»

.j.i

Co.,

$5,728,622 27

off from 1st
January, 1880 to 31st Decem-

Co.,

BANKERS.

RAILROAD and MUNICIPAL
SECUtilXkES For Sale.

Premiums

Premiums marked

mOHlLK, ALABAJTIA.

'>KPO»IT« RBCEIVKn jkVI> JNTRBSAT AT-r.OWKD.

Chuice

January 25, 1881.

Tlie Trustees, in conformity to the Charter of

Collections promptly attended to.
Correspondents carefully represented at Auctions
and Private Sales. Bonds of fcoud but not wellknown railroads always wanted for investments at
the best rates. Orders on martrins not entertained.

THOS.

72 Devoniiliire

NEW YORK,

No. ^07 Walnut Ptece, PHILADELPHIA.
Government. State, Municipal and Railway Bondt
and Stocks boufcht and sold at all the K.^cnanKCS.
Investments prudently made in sound railway ae-

<iieo.WBii.Ballou&:Co
14 IVall Ktreet,

Insurance.

curltiert.

BOSTON, MASS.

HXXU

Bboemakkr.

Jos. M.

A. P. Turner & Co.,
BANKERS.

BOSTON,

Ko. 7

Thohas.

BANKERS AND STOCK BROKERS,
PHILADELPHIA.
134 South Third St.,

OF ALL ISSURS.
OOilitlSSIOX

C.

Thomas & Shoemaker,

IN

GOVERNMENT

Vol.

&

Co.,

AND INSrRANCE,

SIXTH AVE., WEST OF KAN. AVE.,

XOPEKA, KANSAS.
Loans negotiated. Collections made. Taxes paid.
Municipal Securities bought and sold.

Field,

Josiah O. Low
William E. Dodge,
Royal Phelps,

Thomas F. Youngs,
C. A. Hand,
John D. Hewlett,
WUUam H. Webb,

Charles P. Burdett,
J. D.

S.T

EES

Horace Gray,
Edmund W. Corlies,
John Elliott,
Alexander V. Blake,
Bobt. B. Mlntum,
Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Robert L. Stuart,

James G. De Forest,
Samuel Willetts,
Charles D. Leverlch,
WUliam Bryce,
William H. Fogg,
Peter V. King,
Thomas B. Coddington,
Horace K. Thurbor,
William Degroot,

Henry Collins,
JohnL. 3EUker.

JONES, President

OHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-President.
JL A.

lUVEN, 3d

yiofr-Frosldent.

:

Afkil

30, 1881.

THE CHRONKXE

J

Commercial CardM.

Insurance.

HOME
(
'

Insurance

Brinckerhoff,

&

Company

Colt«n.

Turner

COWDITION OF THE COMPANY ON THK FIRST
*^
DAY OF JANUAKY, 1881.
$3,000,000 00
Unearned Premiums 1,931,273 00
289,980 16
LoMea
1,639,245 98

CASH CAPITAL

And all

$6,860,505.14

SUmiHARV OF ASSKTS

the United States, arallable for the PAYHeld
KIUB and for the protec
MKNT of LOSSKS by of
FIRB INSURATOJS:
tlon of Policy-Holders
|2v.8,110 07
Cash In Banks
In

mortitttnes. bclnii first lien
real estate (wi.rth $4.a«fl.0.'i<))

on

I,8«1.808 00

United States stocks (nmrket value).... S,584.0IJ0
Bank and railroad stocks (market value) 407.442
1W2, lOO
State and municipal b'ds (market value)
Loans on stocks, pavable on demand
SM.flSO
(market value »5«B.:)6» 00)
.SO.OgJ
Interest due on Ist January. 1881 ..
Balance In hands of a«ent»
li?'2S
61.968
Real estate
,

Xotal

00
60
00

63
B8
1?
61

W,860,S06 14

CHAS. J. nARTIN, President.
J. H. WASHBURN, Secretary.

kind! of

Schroeder,

^^U,

B»(-01NG.KAVKNS l)i;(:K,hAlL TV'INKS
•
"OWTARIO 8KAM1,KP8 BAW»
'

•

.

"AWNTNO

111 Pearl Street,

New York.

Special att«ntlro paid to the execution of orilert

OOTTON CANVAS, FHLTINO DUCK.l'AKCu- Kh

ReserveSfor Unpaid
Neteurlilus.....

Bonds and

&

Ware

COTTON SAILDUCK

BHOWINO THE

CashABseU

a ILL! AT BCHBOBVSa

WARS.

II.

OOTTON COMMISSION MERCHANTS,

BROADWAY.

Piny-Finh Seml-annnal Statement,

KeBervfe.for

IICNUr

Co.,

OF NKIV YOKK,
OFFICE, 119

Tii

cr the purchase or sale of contracte for fntare de>

Urery of cotton. Liberal advances made on coo
I tir n

BTKIfKfi,-

m enta

.

WU. MOHR. U. W.UANKMAMK. CLRHHTSriSCBBB

Alao, Auent>

<«nipaii|.

I'nilrd States Biinilns

Mohr, Hanemann & Co.,
COTTON BROKERS,
E.R.Mudge,Sawyer&Co
13S PBARL 8TRKET,
AGENTS FOR
Widths aaa

r*j)l .<ut,()lr all

«iw„ir. in suiek.

I'lulors

Washington mils, Chicopee

mfff. Co.

Burlington AVooleu Oo.,

New

Ellerton

HEW

mills,

Atlantic Cotton mills,
Saratoga Victory nrs. Co.. ocean mills,

Peabadf

iMIlls,
A.ND
Iloslerjr. Slilrts and Drawers
From Various Mills.

Special attention Rlren to the ezeentlon of

W.C. Watts. David Haswili.. Chab.W. Watts
Tbomas J. Slauohtih, Special.

Watts, Haswell
86 STONE STREET,

Slcaiusliips.

OB-

FO R FUTDRB CONTRACTS.

I>E RS

BOSTON,
NK%V YORK,
IS Chao.vcky Sprekt
43&45 White Sthekt,
PHILADELPHIA
J. W. DAYTON. 248 OHIST.VirT Htrkbt.

TORK.

&

Co.,

NEW YOKK,

COTTON FACTORS

ONLY

AND COnnriSSION nERCHARTS,

Direct Line to France.
GENERAL TRANSATLANTIC CO.
BETWEEN NEW YORK AND HAVRE.
Pier (new) No. 42 North River,
Foot of Morton Street.
Travelers by this line avoid both transit by EnKllsh Railway and the discomforts of crosslnK the
Channel in a small boat.
. i, ,,
„ „Wed., April
2 ,.4 P.M.
8T. I,AUIIKNT. Servan
Wed.. May 4.10 A.M.
AMKKIOUK, Santelll
Wed.. May U, 3 P. M.
KRANcfi. Trudelle
PllICK OH PAaSAUE. (InchidlnK wine;
To Havre— First cabin. »100 and $120; second
cabin. »TO. Steeriuie »2«. includinx wine, bedding

From

Watts, Hasirell & Co. will make advances on Cotton and other Produce conslKned to them, or to
C. Watts A Co. Special attention given to the ezeentlon of orders for the purchase or sale of Cottos
n Liverpool for future delivery, etc.

W

^iu\ Wm$*
MEDAL,

G(OZJ>

W.

PARIS, 1878.

nia Celebrated yuvi bers^

S03-404- 70-35 -332,

WATTS &

C.

I

I

CO.,

BROWN'S BUILDING, LIVERPOOL.

16

Hughes, Carter

&

Co.,

:

COTTON BUYERS.

and utensils. Return tickets at very reduced rates.
Checks drawn or. Credit Lyonnals of Paris In
amounts to suit.

HiUAM Pool.

FOR MARSEI1.LES,

UTUALM

TOnCHINO AT OlBUALTAtt AND BARCELONA.
The following steamers will leaveNew York direct
for tiibrailar

and Marseilles, taking freight and

passengers

CAI.DEHA.

May 8
May 22

Beville
1'. I).

Ports, including Barcelona. Algeria. Tunis, Genoa,
lyoghorn. Naples, Messina; also, for Trieste and

Constantinople.

LOUIS DE BEBIAN,

Asent,
No. 6 Bowllnn Greeo.

Commercial Cards.

Wright,

&

Bliss

Fabyan,

PURANCECOMIi:
ENDOWMENT

AS FAVORABLE AS THOSE 01
ANY OTilER COMPANY.
ORGANIZED APRIL IZT.h 1842.

)N.T£BJMS

MMIS0Y£R$8a0OaOOC
WouKS AT Okiknt,

L.

RiOHMONU, Ya.

New Tork, Boston, Philadelphia,
SBLLINO AGENTS FOR LEADING BRANDS

and

The Atlantic

&

'

KlTHEKA"
•Orient."

Virginia

for Export Trade.

George A. Clark

Amhoniated Bone Sdpgrphosphate of Liue,

& Bro.,

'<ORIKNT COMPLETE MANURE,"
And want H Rood wnrkintt lurent In every thrivln«
cotton, tobacco, urain und truck Krowing county.
Apply (with reference) t<»

CRBVSHAW, PreaU,
Crenshaw Warkhocse,
RIohTnond, Va.

&

Co.,

Special attention given to the exeontion of ord«TB
for the purchase or sale of Contracts for

Fntnr*

deliv ery.

&

Parisot

Campbell,

TICKSBVRG, miss.
Orders to Purchase Cotton In onr market soltciteA
Refer to Meun
A »TILLMAjr

WOODWARD

New

rork.

Wm.

NASHVILLB. TENNESSEE.
Special attention given o Splnnera* orders.

spondence

Corre-

BOllcited.

RBrsBKNCKs.— Third and Fourth National Banks

and Proprletora of Thk Ghbonioli.

A. L. Leman

&

Co.,

COTTON BROKERS,
No

160

SECOND STREET

mACON, GEORGIA.
Entire attention paid to purchase and shipment
Cotton on order for Spinners and Exporters.
Best of references Xuraisbed. Correspondencf
solicited.

Felix Alexander,
COTTON BROKER,

AVGITSTA, GEORGIA.
Entire attention given to purchase of COTTOii
for SPINNERS and EXPORTKiiS

nv

OKDBR

References :— National Bank of Angnsta, Georgia

COAinilSSION IVBROHaNTS
iniLTVARD'S HKLIX NEEDLES
400 BROADWAY. NKW YOKK.

rork.

Foulke,

COBBSSPONDBKCK SOLICITBD.

COTTON

New

&

COniHISSIOIV niERCIIANTS,
21 PEARL STREET,
NKW TORK.

DV. G.

John F, Wheless

no. 11 Old i»Up,

Orders executed at Cot
Liverpool

New O rleans and

Cotton Factors,

ANIJ
<te.,

Johnston.

&o.

Tewels, QulItH, White Goods and Uosierr,
Drill*, Sheelings,

solicited

iD_N._y^.,

Bennet

offer their standard brands

PRINTS, DENIMS, TICKS, DUCKS,

8.

Johnston,

STONB STRBET. NKW YORK.

5

ton lutchanges

Fertilizing Co.

BROWN AND BLEACHED 8HIRTING9
AND SHEETINGS,

I.,

&

COTTON COMMISSION MERCHANTS,

OF NEW YORK,

F.S.WINSTON, PRESIDENT
SSUES EVERr APPROVED DESCRIPTION O
POLICIE
LIFE AND

Bartlett

Pool
Consignments

Hanterine
June 8
VILLB I)K MARSKII.LKS. Cahnur
Rates of Passage— First cabin. $100; steerage. $32.
Througli bills of lading Issued to Mediterranean

FKRI). I>E I,K-SKPS,

MERIDIAN, MISS,

ALA.

niOBIL,E,

Henry HenU ft Co., Commission Merchanu New
York; William B. DanaA Co., Proprietors Coi<»*
otAL AND FiNANOiAi. Chsohiolx, and other New
Yoik Houses.

THE BROWN
Cotton Gin Company,.
NEir LONDON, CONN.,
MANDFACTURKRS OF THE OELEBRATBn

Brown Cotton

Gins, Gin Feeders

umH

Condensers.

COTTON GDsS TOE EXrOET.

„

THE CHRONICLE.

nu

Cotton.

Cotton.

Woodward &

Stillman,

SEAMEN'S BANK BUILDING,

&

Noa. 74

CHA8.

INMAN,SWANN&Co

GENERAL COMMISSION MERCHANTS
LOANS niADE ON ACCEPTABLE

».

HOHOBST,

New

No. 125

Special attention paid to the execution of orders

York.

ReceiTeConsigtiments of Cotton and other prodnc«

LIBERAL ADVANCES MADE.

LOANS MADE ON

SOUTHERN SECURITIES.

InsiirHficc.

JKTNA

delivery of cotton.

&

Graham

WATERS &

Farley,

34 Broad Street, New York.
INVESTMENT SECURITIES BOUGHT AND

SOLD FOB A COMMISSION.
&.

FINANCIAL AGENTS
132 Pearl

O Box

F.

York.

Advances made on Consignments,
Special personal attention to the purchase and sale
f

COTTON BUYERS,
MONTGOMERY, ALA.

• CUNTIiACTS FOlr;

FUTDKK DELIVERY OF

&

Geo. Brennecke

Tames F.Wenman& Co.,
COTTON KROKEB&,
Tontine Building) 1840.

Co.,

PuTCEE Contracts a SrEciALiy,

Geo.H.McFadden & Bro
121 Cbentnnt

St.,

Street, New York.
Orders for Spot Cotton and Futures promptly exe

111 Pearl Street, Neir York.

117 Pearl

Liberal advances on consignments of Cotton for
Bale In New York or Liverpool. Especial attention

given to Sale and Purchase of Future Contracts,
both In New York and LIVERPOOL, on reasonable
terms, and profits paid as soon as realized in either
market.

Gwynn & Co.

oated

WALTER & KROHN,
53

AZBAHAU ft
New Orleans, La.

Jemison

S.

&

BANKERS

OOKimSSION IHERCHARTS,
EZCHANGE PLACE,

&

P. Billups

Co.,

COTTON
Sc

76 lYall
Bank

(BVAMf'X'S SAYINGS

NEW

Street,

:

H.
99

New

NEW FORE

&

Tileston

Co.,

ST04!KS,
BONDS, &c.
WILLIAM STRBKT, NEW YORK.
(

0.'d(rt in " FtJtnrea" execmted at N.Y.Cotton

Bxoh

:

SOLON HUMPHRKTS, Ch'r'n.(B. D.Morgan A Co
DAVID DOWS, Esq. (David Dows & Co!)
FABBRI,

B. P.

Hon.

8. B.

Esq. (Urexel,

Morgan &Co.)

CHITTENDKN.

EZRA WHITE,

Esq.
J. J. ASTOlt, Esq.

CHAS. E. WHITE, SAM.

P.

BLAGDE>,

MANAGERS,
Office 54 IV^illlam St.,

Nevr York.

LyOfHinercial

Soutb William

New

8

St.,

ALFRED

Advances made on Consignments to
JSewsrs. JAMES FIN LAY tc CO.,

FINLAY, mVIR

Ic

CO.,

CALCUTTA AND BOMBAY.
CONTRACTS FOR FUTURE DELIVERY COT.
TON bought and sold on commission in New York

and Liverpool; also at New Orleans through Messrs,
Samuel H. Buck & Co,

Waldron

&

Tainter,

GENERAL COTTON MERCHANT
97 PEARL STREET', NEW YORK.
'

&

39 Wall

Whiting Paper Co.,
HOL.VOKE, MASS.
l,eda:er and Record Papers,
machine Hand-Made Papers.
Papers.
Parchment
Antique

BaakeiV

Plated Papers.
Bond Papers.

AGENTS

JAMES
45

D.

WBITnORE

STEEL AND CHARCOAL
IRON of superior qnalitj
suitable for MINING AND
n<^I8TINQ
PURPOSES

COTTO;!?

13«

W'^ V^\
_u Inclined Planes, Transmis..,^i,/AAl,iV\

LIVERPOOL,

ion of Power, Ac.
';ilvanized

BROKERS,

PEARL STREET, NEW YORK«

Ciiiircc^al

Also,

and

B

for Ships' RlpKinj^, Sus.
..n..r,i>fPOnston Bridges, Derrick
jJpJ/r*'»Guys, Ferry Itopt^s. &c.
^^//*s Af larKC stock constantly ou
from wiiich any de.^^^ .^yvS^ff liaiirt
sired
are
lengths
cut
^fS^^^^i-j/

A

•>

Co.,

CO.,

Wir e Rope.

COMMISSION MERCHANTS,

&

&.

BEEKMAN STREET. NEW YORK.

B.F.BABCOCK&CO.

Geo. Copeland

Stre^.f

lIIUeellaneon§.

orders executed at N. Y. Cotton Exch'ge

Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges In LiverpooU
Represented in New York at the olhce of
BABCOCK BROTHERS * CO.,
se Waix Stbuct.

PELL,
Resident Manager.,

Texas.

Yorkv

Ca

Ins.

(OF LOiVDOiV),

York.

&

17 Water Street,

YORK.

EDINBURGH.

United States Board of Mauage-aient)

Co., SI'
GENERAL
COKimiSSION HERCHANTS,

Buildins,)

ripedal attention given to the Purchase and Sale
Of Contracts for future delivery of Cotton alag
execute orders tor Purchase and Sale of Stocks and
Bonds for Southern account.

COTTON,

Slip,

Henry Hentz

Futu e

COMMISSION MERCHANTS
Nob. 74

No. ,0 Old

inessr«.

and otlier produce consigned to us, or to our correspondents in Liverpool, Messrs, il. Newgass & Co,
nd Messrs L. Rosenheim & Sons.

Co.

Ins.

OF
AJiS>

Union

Also execute orders for Merchandise through

Srden exeeated at the Cotton Exchanges In New
Torkand L,iyerpc9l aid advaaces made on Cotton

British

Mercantile

LIVERPOOL, LONDON AND GLASGOW.

Ne^r York.

J.

&

COTTON COMMISSION MERCHANTS

MOODY & JEMISON, Galveston,

Montgomery, Ala.

LEHMAN BRO'S,
Cotton AND Factors
40

North

LXBKAN, Drss A CO

Ck>„

York.

Co.,

AND

UtHKAir,

New

JAS. A. AI.BXANRER, Agent.

BEAVER ST^EBT, NEVT YORK.

E.

Y.

$3,729,271 92
St.,

COTTON BROKERS,

COTTON FACTORS

COMMISSION MERCHANTS

1,694,801 80
3,000,000 00

NETSUEPLUS
No. 3 Cortlandt

Pblladelpbla.

Perkins & Co.,
COMMISSION MERCHANT, DennisCOTTON
BROKERS,

$7,424,073 72
losses

Capital

L.ONDON

COTTON FACTORS
AND COMMISSION MERCHANTS,

Robert Murdoch,

strert, N.

1, 1891
unpaid
and re-Insurance lund

No. 110 Pearj Street, Nen^ York.

No. 146 Pearl Street, near TTall, N. Y

140 Pearl

Assets January

COTTON BROKERS,

PtmCHASE ONIT ON ORDERS, FOR A COMMISSJON

Fielding,

OF HARTFORD.
Liabilities for

New

3,909.

COTTON.

CO.,

Street,

Company

Insurance

AND

COTTON COMMISSION MERCHANTS,

(in

H.

J.
COTTON FACTORS,
COMMISSION MERCHANTS,

CO.)

AND

H. CLISBY

W. &

Co., H.

BANKERS

Established

PEARL STREET,

Special attention given to orders for the purchase

lor the purchase «r sale of contracts for future

JOHN

BABBBTT.

and »ale of Contracts for Future Delivery of Cotton.

made on Consignments.

(Successors to R. M.

K.

tiew York.

SECrRlTY.

Jno. C.

JOHX

C. F. Hohorst & Co.,
COTTON
COMMISSION MERCHANTS

Cotton Kxchan£;e Building,

101 Pearl Street,

30, 1881.

Cotton.

COTTON
COMMISSION MERCHANTS,

76
YORK.

^Tall Street,

NEW

Xnieral advances

[Apbil

^a FLAT STEEL AND IR0»
^»s:^„>/»
ROl'BS

for

Mining pur-

poses manufactured to order.

JOHN W. nASON &

CO.,

43 B^ntdway, Ne^v York.